SHAZ

After a mid-July capitulation low, SHAZ has formed an accumulation base between roughly $55 and $60, holding key EMAs and recovering from oversold conditions. Medium-term bias is bullish, with price finding support in the 9- and 20-day EMAs within the base. Short-term pullbacks into these EMAs offer favorable entry points for long-side engagement. Execution now calls for buying dips into EMAs, targeting participation in a potential Stage 2 advance upon reclamation of the 50-day SMA. A failure to hold the base support would invalidate this bullish stance.

• ↑Q2 2026 revenue reached $450M, up 174% YoY.
• ↑Secured $373M cloud computing deal to drive growth.
• ↓Q2 net loss widened to $428.3M from $150M year ago.