SHP - Short Term Break

We may derive the following from the Daily SHP chart:

1. Price has closed outside of our downtrend channel.

2. A potential push to the upside may occur - price may then reach the recent high (blue line).

3. This will be telling for longer term buys on the higher time frames (W & M).

4. As always - maintain your risk.

Note: The views provided herein do not constitute financial advice.