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
Earnings Nov 4th - only this can save it now