Shake Shack, Inc.
Updated

SHAK eyes on $87.87: Key fib may reject but likely Break-n-POP

34
SHAK back to Tariff Relief top previously stopped by this fib.
Semi-Major Covid fib has been the barrier now, at $87.87
If dips, watch Golden Genesis zone below at $85.11-84.81

Trade active
Break and POP
snapshot
(yellow shaded area is from posting time)

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Looking for targets of dip:
snapshot
We have three supports to watch below.
$ 88.46 unlikely bottom but needs to slow drop
$ 87.87 Covid fib has a decent chance of bottom.
$ 86.17 is "Best Guess" target for this dip wave.

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