SHAK - Upward channel breakdown short from $36.71 to $34 or lowe

SHAK seems breaking down from an upward channel. It also look look like a rising wedge breakdown. We think it has good downside potential from here.

* Trade Criteria *
Date First Found- June 21, 2017
Pattern/Why-Upward channel breakdown; Rising wedge Break
Entry Target Criteria- Break of $36.71
Exit Target Criteria- $34 or lower
Stop Loss Criteria- $38.6

Please check back for Trade updates. (Note: Trade update is little delayed here.)