Shake Shack (SHAK) came out with a quarterly loss of $0.11 per share (after adjusted -$0.25). At what point will these companies stop blaming Omicron/ Covid for their shortfall of analysts estimates? Only 250 locations and forward guidance is so bad the company stated: “Given the substantial uncertainty and resulting material economic impact caused by the...
Fibs show clues and the overlap on the fib retracement for SHAK lines up perfectly with support from Aug 2020. Target is $48. Bought puts for March 18 Not financial advice
This Environmental Destroyer Newbee Bubble is not something you want to invest in Long term may be good for a few months or years after they crash this Bubble ....but if you leave in your portfolio for your kids future ...They won't be happy. This is not the trend of the future!! Environmental destruction and wasteful non-sustainable Food Production, 20 acres to...
Double bottom noted if it holds. Possible stop under 68 or where you see support. Short percent is 13% which is on the high side, with 3.8 days to cover. No recommendation
Shake Shack (SHAK) Symmetrical Triangle @ 1H Chart
I love $SHAK, it's consolidating now, and there are patterns pointing to a 60% up from here.
Earnings tomorrow AMC. Targets are if earnings are received well (o: The triangle can go either way. Possible stop below 87. No recommendation. Expectations are low but they do miss.
SHAK has been on the recovery since hitting low @ 78 on 13 May. It hit a high of 111.49 3 days ago and has since been consolidating in what is now an apparent bull pennant. It looks like it could be breaking out of this pennant in the next 1-2 days and when it does, am looking for a possible near term target of around 114.70. Disclaimer: TA is about improving our...
After hitting a low of 78 in a few weeks ago, SHAK finally gapped up on strong volume on 25 May, suggesting that the downward pressure might be over. Over the last 2 weeks it began to form a bull flag cummulating to a strong break out of this bull flag yesterday. These adds credibility that the trend has now reversed to the upside. I am expecting a near term...
Expectation: 1. close gap 2. small correction 3. bigger upmove to the dtl at least - or test of the ath 2. could fail... the stock could go directly to 3... rsi indicator is in bullish mode..
Bullish move today on strong volume. Alert set above the 50ma for add / entry
I have Shake Shack in a possible 4th wave and starting to make higher highs. Would watch price action if it breaks trend line to see if volume comes in. Could start forming a position now. Targets are from wave 5 fib extensions. Good Luck!
$SHAK has grown in a picthfork over the past year. Seems to be breaking out as we get closer to a post-COVID market. I am looking for it to really climb in late April/May but there are some clear short term growth markers for weekly swing trades if it is played right.