Cheers to those who saw this coming! Def long for this unless bad news about overall market or it pooped itself #trendismyboyfriend #tradewithstrategy #noFOMO #analysisfun
SHAK STOCK CHART WITH AN UPSIDE VIEW. POSSIBLE BUY ENTRY STOCK PRICING AREA, WITH UPSIDE +12.% TO $55 DOLLARS STOCK PRICE. *chart, not a certainty, only a tradingview
Break out time... chi ching~ Add more and keep an eye. #breakupbreakouttrend #trendismyboyfriend #tradewithstrategy #noFOMO #analysisfun
STOCK CHART HAS QUITE A FEW OF TECHNICAL DATA, IKH TENKNA LINE AND SENKOU A/B CLOUD PROVIDED SUPPORT FOR A DOUBLE BOTTOM PATTERN REBOUND. KIJUN LINE HAS BEEN VALIDATED INTRADAY WITH A BUY SIGNAL. VERY IMPORTANT PRICE ACTION AREA IN THE STOCK $57.75<$60 DOLLARS RANGE, AS UPSIDE WOULD TEST 2019 SUPPORT AREA, NOW RESISTANCE. IF SHAKE SHACK STOCK GETS A BID ON THE...
Spotted this bullish formation a little late! Ideally long @ 58 with a stop just a few ticks below 60 and with potential C&H target of 70. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
RSI in strong uptrend and room to run MACD reversing again bullishly Volume increasing A break above trend-line could bring a rally to $66-$69 PLEASE GIVE US A LIKE IF YOU APPRECIATE OUR WORK, THANK YOU.
Long position possible, I see SHAK above $60 before next ER
A very bullish view on Shakeshack in a perfect world =]
Opportunity to enter on a long position on breakout from the consolidation area.
This is a long play for SHAK which was in the midst of a bullish cup & handle continuation pattern right before the market meltdown. The projected move is a melt up from this support level to the 38.2% fib and then the 50% fib line by July/August. Wall Street loves growth with low to no debt. I'm already positioned from the low with $100 leap calls expiring Jan 2022
No lack of controversy in SHAK recently high short interest of 28% could help stimulate a rally if earnings surprise. Much will depend on commentary during the earnings call as analysts could give the CEO quiet a grilling. Treading at a high p/e ratio of 82 Nice bounce of the middle bollinger band. within well respected channel which hopefully does into...