possible island bottom.. there is slight selling pressure on the daily if this test the moving averages while minding the gap this can get explosive its possible in consolidates within this range till feb. look for volume on unusual option activity going long if it breaks 73 price target 81
$SHAK is climbing after getting some love from $GS. Goldman Sachs keeps a Buy rating on Shake Shack (SHAK +8.9%) after digesting the company's ICR presentation yesterday. The firm sees significant upside from the restaurant operator's new partnership with Grubhub in particular. "As part of the partnership, GRUB has provided SHAK with detailed customer data, as...
$SHAK Wild chart. Died at resistance today, but looks like it may be ready for another push. T1 -> 76 T2 -> ATH? Failure here is short to 40.
Trade Entry Feb. 14 Expiry. Put Credit Spread. 59/64 Strikes. Credit of $3.00 (no lower than $2.90) Risk $210. Reward $290-$300. POP - 65% Chart Details Large $10 gap from $71-$81. This must get filled IMO. White trendline is stop. Break of white trendline and trade above is invalid ($59.50 or less). Bullish EMA cross just occurred last Friday,...
Nice channel, chilling at the middle of it with a spot below around 58.75 on the trendline and above around 61.25. Decent Strangle opportunity here if you buy within $1 OTM (Out of the money) on either side, same cost. Would recommend 1/3 or 1/10 expiration. $SHAK DISCLAIMER: Don't make any trade based on my Idea. Do your own due diligence, I'm not licensed in...
Major Announcement Coming with the roll-out of breakfast. Charts and Indicators look great. LONG
Stay calm and focused on your mission. *This is Not Financial Advice*
Stock sold off due to their earnings report. Honestly, I don't think the report was so bad to deserve a +20% selloff. If you look at the other burger stocks, all dealing with the same issues, most of those stocks held up today, even being green. The selloff today held around the 61.8% Fibonacci Retracement level from the December low to the recent September...
NYSE:SHAK
Hi, today we are going to talk about SHAK We observe a D1, some important points. The details are highlighted above. Thank you for reading and leave your comments if you like. Join the Traders Heaven today, for more exclusive contents! Link bellow! Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use...
SHAK One of my favorite setups is to take a stock long at the break of a resistance or break of support to catch the momentum of the move. Earnings are about 2 weeks out too so SHAK may rise into the ER like most stocks do. MY setup is taking the break of Thursday's candle with March $50 calls. Keeping a tight stop in case it's a failure on the break up. Target...
Sold weekly calls. Catalyst to me is McDonald's buyout/stake. Brand is power.
SHAKESHACK:SHAK Nice range trading, suitable for trend followers, evidently. Still looks OK to buy, using the lower parallel as a dynamic exit point if broken at any point before it reaches a very obvious upside target at 39.30 -39.62 range - at which point positions can be reversed with stops above 40. And then if that short is taken out it will show that it's...
SHAK seems breaking down from an upward channel. It also look look like a rising wedge breakdown. We think it has good downside potential from here. * Trade Criteria * Date First Found- June 21, 2017 Pattern/Why-Upward channel breakdown; Rising wedge Break Entry Target Criteria- Break of $36.71 Exit Target Criteria- $34 or lower Stop Loss Criteria- $38.6 ...
4.45 millions shares traded vs. average vol of 671k
This stock was largely pumped up for a major exchange stock. It is a foody but if we take GoPro for example sitting on 300m cash in 2014, this guy is seriously over cooked. $16 a share feels right for me. The company just spent $32m on equipment, raised revenue but raised cost too. Now they sit with an $8m loss for 2015. Not good... Could this be heading lower?
Shake Shack $SHAK seems to have an interesting pattern. It has broken up the trend line. It went above 40 and has come back to rest on the same line from above. I am buying around $35 with a $2 risk. Chances are it will be a higher top, probably around $45!
SHAK has been moving steadily downward in a wedge pattern since the stock hit a high in May 2015. Although the price movements may ignore this wedge in the future and continue to trade in a limited range, there is a possibility we have a breakout to the upside or downside. That breakout, if sustained, will likely set the medium term direction of the stock.