Consolidate above the 25-26 zone for some time and rip higher...just my bias
If history rhymes...SHCOMP is trading in a perfect pattern...going up after the consolidation is highly likely, target 4500
Has moved faster than thought, 23.5-24 would be an intermediate cycle high imo. Sold all leveraged positions yesterday...just chose to play safe. Will seek for small 1st re-entry at around 20 and bigger 2nd at 18.50-19.00
Probably see a short term pullback at 19.5 - 20.5 then run to 24.5 - 25 where volume defined resistance is. 19.5 probably gets re-tested in the following months and once all clear run to much higher