ContextLogic WISH stock price is up 37% in the last 5 days, but is the run over for this breakout stock? There is an old adage, “two heads are better than one”, so let’s put both our heads together and compare notes on WISH

Before we get started, I like being methodical and easy to understand so I have developed a ranking system for my stocks. I call it, Alexander Goldman’s “HOT Stock Ranking!”

The official heat level for ContextLogic WISH is, a 🔥🔥 2 out of 5

Each time I write about a breakout stock I will stamp it with my ranking, as you can see from above on the cover photo. Two fires mean it is a 2 out of 5 on my ranking system.

Think about it, if this breakout stock is only a 2 out of 5, what would a 5 out of 5 look like? Only way to know is to sign up, it’s FREE!

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Before I get ahead of myself and just jump right into this exciting breakout stock, I wanted to introduce myself.

Hello 🙋‍♂️ My name is Alexander Goldman. I have been trading, at a very high level, breakout stocks and trending stocks for 20 years now. I’m accredited for establishing the coveted HOT Stock Reporting for breakout stocks.

I found myself as chief editor at Small Cap exclusive 4 years ago. Now, I’m helping traders find breakout stocks. I love delivering winners to our subscribers. Even more exciting is when I get thank you emails from our subscribers. Sign up today and I will send you my personal email so you can ask questions.

I mentioned winners, what do I mean by big winners?

Stocks that move more than 100% in a month! WISH Stock Price could?

There are no guarantees in trading stocks! But, I’m very consistent!

Take a look at this article I wrote below, where I called 5 stocks, 3 losers and 2 winners and they all did what I thought!

The article is HERE and I shine a spotlight on these breakout stocks and also those losers!

Now, let’s go over some information on this breakout stock before we get into the technical analysis. More importantly, how did I come up with the HOT Stock Ranking?

ContextLogic WISH Company Information

Company Name: ContextLogic Inc.

Ticker: WISH

Exchange: NASDAQ

Website: https://ir.wish.com/

Breakout Stock ContextLogic Inc. Company Summary:

ContextLogic, Inc. engages in the operation of an online marketplace, that includes Geek, Mama, Home, Cute, and Joyful Shopping. The company was founded by Peter Szulczewski and Danny Zhang in June 2010 and is headquartered in San Francisco, CA.

CA:LUR stock price is due to News?

Fourth Quarter Fiscal 2021 Financial Highlights

• Revenues: Revenues were $289 million, a decrease of 64% YoY. Core Marketplace revenues were $139 million, ProductBoost revenues were $28 million, and Logistics revenues were $122 million, down YoY by 74%, 55%, and 40%, respectively.
• Adjusted EBITDA: Adjusted EBITDA was a loss of $23 million, an improvement of 81% YoY.
• Net Loss: Net Loss was $58 million, a 90% YoY improvement. Net Loss per share was $0.09, compared to a loss of $3.04 per share in the fourth quarter of fiscal 2020.
• Cash Flow: Cash flows from operating activities were negative $49 million, compared to negative $24 million in the fourth quarter of fiscal 2020. Free Cash Flow was negative $50 million, compared to negative $25 million in the fourth quarter of fiscal 2020.

Trending Stock WISH 5 Day Chart

WISH Stock Price HOT Stock Grade:

The official heat level for WISH is, a 🔥🔥 2 out of 5 . Continue reading to see why I think it is just a 2 out of 5. Here are my takeaways on it and why it is just a 2 out of 5. Do you agree?

The volume, which is basically demand of a stock is great considering the news of the massive loss

The news, there is bad news so I’m very confused of why it is going up.

The chart, it is bullish since 3/15 but I expect it to turn bearish very soon.

Again, two heads are better than one, let’s work together to have the best trading year of our lives!

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