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peterbokma

SHAK- Sell strategy

Short
Shake Shack, Inc. (NYSE:SHAK)  
peterbokma  
NYSE:SHAK   Shake Shack, Inc.
Trend Analysis
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trendanalysis
The move up is little extreme. RSI is overbought, and we are far away from cloud support $ 56.50 area.

Strategy is SELL @ $ 66.40-66.50 and place profit order @ $ 58.75 for now. Stop-loss only if one wishes too maybe $ 78.00.
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