Technical analysis by Zorroreny about Symbol SHX: Sell recommendation (8/25/2025)
https://sahmeto.com/message/3733003

Zorroreny
Rank: 367
Analytical Power:
3.0

SHX had a nice run from bottom however I do not trust it anymore. Seems like completed impulse to upside, we have bearish divergence setup, are in overbought range and are doing rising wedge pattern. I would not hold it here and if shorting do it with thight stop loss (last top). I am expecting correction back to fibb 0.618 range where likely bounce to reveal next steps...
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Signal Type: Sell
Time Frame:
1 weekPrice at Publish Time:
$0.027561