This is a pivotal moment for SHAK.
Testing LT trend lines and beginning to level out to (hopefully) consolidate before taking it's next leg higher.
Low volume is concerning though.
Fundamentally this is a fantastic company from an outsiders perspective....operating efficiencies on point, decent quality products, large retail presence in key markets- I guess earnings will be the real test.
Should it hold this trend line at $92ish - targeting previous highs of $104 before moving to $109
Testing LT trend lines and beginning to level out to (hopefully) consolidate before taking it's next leg higher.
Low volume is concerning though.
Fundamentally this is a fantastic company from an outsiders perspective....operating efficiencies on point, decent quality products, large retail presence in key markets- I guess earnings will be the real test.
Should it hold this trend line at $92ish - targeting previous highs of $104 before moving to $109
Nota
Broke the trend line at 92 and hit 100MA support, if the fall continues next target is $76.Earnings Nov 4th - only this can save it now
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.