Remain short, or SELL strategy for the SHAK. The stock is overbought, and the pattern suggest we are ready for a move back towards cloud support @ 58.00.
Strategy is sell $ 65-66 and take profit @ 59.50 for now. Stop-loss if needed @ $ 72.00.
Strategy is sell $ 65-66 and take profit @ 59.50 for now. Stop-loss if needed @ $ 72.00.
Note
adjust stop-loss to $ 80. Add further at $ 72.00 - 73,.00 range.
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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.