In a move that highlights the growing role of automation in the food delivery industry, Shake Shack (NYSE: NYSE:SHAK ) has teamed up with Serve Robotics to introduce autonomous sidewalk robot deliveries in Los Angeles. This partnership marks a significant step forward in the fast-food chain's efforts to enhance customer experience through innovative...
Strong Performance: Shake Shack NYSE:SHAK , a growing restaurant chain, ended 2023 on a high note with successful sales strategies and margin expansion. CEO Randy Garutti highlighted the opening of 41 new U.S. restaurants and 44 international locations, including in Thailand and the Bahamas. Despite inflationary pressures, same-store sales saw a 2.8%...
Shake Shack ( NYSE:SHAK ) stands out as a beacon of success. The gourmet burger chain has defied expectations, reporting a stellar quarterly performance that has sent its shares soaring by a remarkable 21%. The secret to Shake Shack's ( NYSE:SHAK ) triumph lies in its ability to tap into consumers' cravings for high-quality, indulgent dining experiences. While...
Still a money losing over priced burger joint! $30 next longer term support. Looking at the chart SHAK has bounced off temporary support almost a dozen times, this doesn't bode well for longs IMOP. Consumer is cutting back and trading down. With good solid dividend paying companies like MCD why would anyone gamble on this company who likely will be in BK in...
I've shorted this stock several times much higher. Currently it's overbought on several time frame charts on multiple technical indicators. I don't care an insider bought shares, how'd that work out for Reed Hastings NFLX at $351 and dozens of other insiders, means nothing especially with no PE money losing companies. Purchased 35 August 19th $45 puts.
Shake Shack has just broken out above the June 2020 high. This could be the start of a bull run to new all-time highs. The low at USD 47.12 musst hold. Greetings from Hannover Stefan Bode
Shake Shack (SHAK) Symmetrical Triangle @ 1H Chart
If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this analysis, I will be explaining my on views on the high-end burger brand, Shake Shack (SHAK). I'll be exploring the technicals and financials of the stock, as well as the overall business model of the...
Bullish Pennant formed out of a price correction that interrupted a 5-month uptrend. Positive COVID vaccine news will act in our favor. Target price set at corridor resistance line bounce (May and Jun points). Note that I have set a very tight stop loss (right below today's VWAP) because I have a few trades going on. However, given the upside, you might want to...
Entry $12 area 1st Target $18 2nd target $23 3rd target $32 Why? Covid 19 Took this stock down hardcore but as the restaurant industry starts to recover, this start is going to fly! it is literally a steal right now!! if market continues to be bullish, it will be like buying this stock at thrift store. This is like getting into DKNG b4 they were a thing, or...
A very bullish view on Shakeshack in a perfect world =]
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
In $shak pure lotto puts at 2/28/2020 58$ for .46$ each. Director sell many stock amid pandemic, very bad man! Nuke it vertically.
I think the Bottom for Shake is the zone between 56-60$ , Thats mean you can buy Shak from this zone, The Targets are in the chart , Rsi look Great on Daily Candel. dont forget the stoploss 55$ , I will update everything here. Good luck))
Side by side with SHAK to see if we can learn from other charts. Looking to get a similar move, will ease into the position over the next few weeks. $DLTR $SHAK