Aug. 13 at 11:55 PM
$SHPH is waking up off the bottom! After building a strong base at the lower trendline support, price action on the 8hr view shows buyers stepping up and pushing through short-term moving averages. Structure is coiling right under local resistance for a potential momentum continuation move. 🐂 💧
Bull Key Level:
$4.85 🐂 🔥
Bear Key Level:
$3.58 🐻 ⚠️
Targets:
$6.80 /
$9.00 💰 🍺
Why: Reversal base combined with expanding MACD momentum creates a high-R/R breakout opportunity.
#SHPH #stockmarket #swingtrade #technicalanalysis #hovdid