is a 200% rally for Shoals Technologies about to print?

14 Kas 2024

This is a 6 month forecast.

On the above 6 day chart price action has corrected 80%.
A number of reasons now exist for a bullish outlook. They include:

1) Price action and RSI resistance breakouts.

2) Strong regular bullish divergence.

3) No share splits.

4) 12% short interest.

5) The forecast is to the upper channel resistance.

Is it possible price action corrects further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: you decide
Timeframe for long: This month
Return: 200%
Stop loss: will say elsewhere

25 Kas 2024

İşlem aktif

Support confirmed.