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.
Comment:
adjust stop-loss to $ 80. Add further at $ 72.00 - 73,.00 range.