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Shoals Technologies Group, Inc.
Long
Updated

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

1758
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
Trade active
Support confirmed.
without_worries
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
Also on:
Multiple Time Frame AnalysisParallel ChannelSupport and Resistance

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.
Multiple Time Frame AnalysisParallel ChannelSupport and Resistance
without_worries
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
Also on:

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.