I am getting questions on why SHZ is a "buy" based on the chart I published earlier today. In fact, there are multiple screening techniques I am using to pre-select symbols for the next day trading. Chart is important, but not the only reason.
In case of SHZ, I agree, the chart I published earlier is not the best illustration. However, for SHZ I used chart as well - P&F chart which proved to be quite reliable for breakout patterns.
Here is a chart below I am referring to. SHZ price target is $7.00 based on this set-up
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