Wish Bottom

Feb 22, 2023

I believe Wish is in its final stages of bottoming. I'm seeing an inverse head and shoulders on the daily with bullish divergence that's been taking place for several months. Wish was recently pumped off of a positive report claiming it was significantly undervalued during which we saw daily volume at a level we hadn't seen since 2021. All of this indicates to me that this is ready to explode vertical. I still eventually think the massive gap at $7.80 is filled but will likely be out of my position well before then. My first target remains $1.64.