SLOPolarBear

WIMI - "Bowlish" C&H Setup

Long
NASDAQ:WIMI   WiMi Hologram Cloud Inc
Quite a C&H setup here. Price action printed a shooting star on the daily chart today. Wait for it to pull back to the 20 EMA ($9.50 'ish) before considering opening a position. That's one heck of of a base its formed. Will be interesting to see what happens to this puppy over the next few weeks.
Comment: 2/17/21 - Looks like it's going to close the day with a gravestone doji. Yaaa-hooooo.
Comment: One of many C&H patterns that failed recently. Cut your losses on this one, it's off my watch list.

**Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.**
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