SHLL has completed waves 1 and 3 of a leading diagonal, as evidenced by wave 4 passing into wave 1 territory. SHLL will complete its 5 wave structure in early November at around $99 or higher. Great short term investment opportunity. After it hits this value, expect a strong retracement -- up to .786
Not a financial advisor. Still new to the game but with all the notes iv taken and skills iv learned this looks to be a good entry point. With Ev stocks taking a hit this week Shll looks to be ready to hit higher highs next week.
SHLL Long set up in play. Price is getting ready for a wave 5 run. Merger is also very close. Strong price action. If closes above the breakout candle, i think it's time to go long.
This is an opinion. Please do not buy any stocks or other financial instruments reading this posts. These posts are for educational purposes only.
$SHLL is one of a few spacs - $FVAC the other - that I am fundamentally bullish on and want to own. I like the go-to-market strategy, I like the comparison to $CMI, I like the potential speculation on ticker change come September to boost its visibility. Part speculation, part fundamental; long $SHLL below $20.
$SHLL bull flag finding some buying after gap fill....
According to my EWT we may expect the next higher low on 40ish.
There are a number of reasons
1) 4 hour ema
2) near the breakpoints of a previous consolidating structure
3) 1:1 for an abc correction
4) Fibonacci overlap of the .382 and 0.5 when measuring fibs from wave 1 and 2 to wave 3.
Correction is likely still in play so patients may be required . Play is...
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