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