Head and Shoulders on $SHAKWe can see a head and shoulders forming on $SHAK on the 1D, but it is much clearer on the 4H. Volume has been at a relative low since the first shoulder, and significantly lower at the head than the first shoulder. There is an explosion of volume on the recent red candle, and a bear flag forming on the 1H.
Target: $32.22
Entry: $46.65
Stop Loss: $50.94
