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.
This thing is going to 300 by end of summer. That's just a giant bullflag. TO THE MOON as the kids say. Nah, just messing with ya.... that shit needs to crash .. then it will be a buy.
Next week should be a nice big red week... I see alot of things following this pattern, including the Dow. Patience to those with real accounts who are not day traders chasing pennies.
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...
100.90-101 is the next resistance if we break above 96 and run further
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..
Simply got bored. The market really needs to just drop. Stop the nonsense. I know I know even I say we are a few months away from the market finding it’s floor but I like this chart. Just got impatient. I won’t be a buyer anytime soon though. That little bounce isn’t worth the time. This is a great one to “invest” in when it finally does come all the way down.