meitshel

SHOT - breakout ahead?

Long
meitshel Updated   
NASDAQ:SHOT   Safety Shot, Inc.
Safety Shot Inc is a wellness and functional beverage company. It is set to launch Safety Shot, the patented beverage that helps people feel better faster by reducing blood alcohol content and boosting clarity.

This is not a financial advice!

Shs. Float 34.01M
Short Flaot 7.61%

Rel. Vol. on 03/18/2024 at 1.46 (needs to get higher for a breakout)

We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work.

Key level is 3.24 - needs get broken!

Keep an eye on 3.60 / 4.0 levels, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains.

SL under 2.0

TPs approx. 5.3

Most info on the chart.

Trade carefully!
Comment:
Safety Shot, Inc. (Nasdaq: SHOT) Announces Strategic Partnership with Launch 33 Brands to Expand Distribution in Los Angeles
Trade closed: stop reached
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.