Shake Shack, Inc.
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Watch out for the SHAK attack

52
This is a pivotal moment for SHAK.

Testing LT trend lines and beginning to level out to (hopefully) consolidate before taking it's next leg higher.
Low volume is concerning though.

Fundamentally this is a fantastic company from an outsiders perspective....operating efficiencies on point, decent quality products, large retail presence in key markets- I guess earnings will be the real test.

Should it hold this trend line at 92ish - targeting previous highs of $104 before moving to $109
Not
Broke the trend line at 92 and hit 100MA support, if the fall continues next target is $76.

Earnings Nov 4th - only this can save it now

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.