SHAZ

SHAZ remains in a Stage 4 decline with a clear sequence of lower highs and lower lows and downward-sloping EMAs acting as resistance. Medium-term bias is bearish and only sell-side engagement is permitted. Short-term timing favors immediate execution as price rejects the 9/21/50 EMA cluster on pullbacks. The long-term uptrend persists near the 200 SMA but failure below intermediate resistance intensifies downside risk.

• ↑$2.2B TCV including $1.32B five-year deal supports 2026 $470M run rate.
• ↑Data center capacity rising from 70MW to >100MW by early 2027 to meet surging GPU demand.
• ↓Negative earnings yield and weak profitability factors signal inefficiency.