$SHAZ closed at 45.38 today, down 5.99%, with a trading value of just 2.4M. For a stock in the AI computing sector, that kind of volume is as dead as a morgue.
Most people are staring at the daily loss and shouting “panic,” but they haven’t noticed that its computing partnership framework with Nvidia is still in motion. The AI cloud infrastructure story isn’t dead this time around; the money is just crowded into a handful of big names, leaving small- and mid-cap stocks like $SHAZ drained to the bone. What does a trading value of 2.4M tell you? Either the shares are locked up and nobody’s selling, or nobody’s paying attention.
I’m leaning toward the latter. $SHAZ is now stuck in a range between 44.6 and 48.44. A break below 44.6 would trigger another round of panic selling; it needs to reclaim 48 before there’s a story to tell. The key question is when that Nvidia partnership will translate into actual revenue. If it doesn’t, this price is just a castle in the air.
Here’s my take: short-term outlook is bearish, and 44.6 is the make-or-break level. If it breaks below that, don’t try to catch a falling knife.
$SHAZ
Most people are staring at the daily loss and shouting “panic,” but they haven’t noticed that its computing partnership framework with Nvidia is still in motion. The AI cloud infrastructure story isn’t dead this time around; the money is just crowded into a handful of big names, leaving small- and mid-cap stocks like $SHAZ drained to the bone. What does a trading value of 2.4M tell you? Either the shares are locked up and nobody’s selling, or nobody’s paying attention.
I’m leaning toward the latter. $SHAZ is now stuck in a range between 44.6 and 48.44. A break below 44.6 would trigger another round of panic selling; it needs to reclaim 48 before there’s a story to tell. The key question is when that Nvidia partnership will translate into actual revenue. If it doesn’t, this price is just a castle in the air.
Here’s my take: short-term outlook is bearish, and 44.6 is the make-or-break level. If it breaks below that, don’t try to catch a falling knife.
$SHAZ