Watch out for the SHAK attack
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
Note
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.