SHAK trade ideas
#shak - New all-time highs? #ShakeShack @shakeshackShake 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
SHAK LongAfter many weeks of downtrend, SHAK has found some support on demand zone on weekly time frame. Here we can see some divergence occurring with MACD and squeeze momentum. There is an inside bar currently and also a squeeze occurring based on the indicator. I would do 80-85 calls from May or June to give adequate time. I hope this helps :)
SHAQ - Breaking out of falling wedge
holding well above all short term MAs ++
Breakout on 3D timeframe ++
Favorable market conditions +
Still below 3D VWMA...would like to test 82 and consolidate below for push higher.
SHAK under $60 = $48. Another disappointing earnings reportShake Shack (SHAK) came out with a quarterly loss of $0.11 per share (after adjusted -$0.25). At what point will these companies stop blaming Omicron/ Covid for their shortfall of analysts estimates? Only 250 locations and forward guidance is so bad the company stated: “Given the substantial uncertainty and resulting material economic impact caused by the COVID-19 pandemic, the Company is not providing full guidance for the fiscal year ending December 28, 2022.” They're saying total revenue of $196 million to $201.4 million. The estimate was for higher, at $211 million. And then also for the first quarter projection, same Shack sales, high single digits to low double digits versus 2021, the estimate was for about 15%. So those low double digits not cutting it for them. Shake Shack said it lost $9.7 million, or 25 cents a share, in the fourth quarter, compared with a loss of $19.4 million, or 50 cents a share, in the year-ago period. Adjusted for one-time items, the company lost 11 cents a share in the quarter. In a soon to be anticipated higher interest rate environment, hyperinflation of goods, services, wages and input costs the prospects of a profitable company are not promising. SHAK will be shook below it's IPO price in no time.
SHAK: Bad Earnings but Stock Goes Up.. PERFECT SHORTFibs show clues and the overlap on the fib retracement for SHAK lines up perfectly with support from Aug 2020. Target is $48. Bought puts for March 18
Not financial advice
Shak BubblishiousThis Environmental Destroyer Newbee Bubble is not something you want to invest in Long term may be good for a few months or years after they crash this Bubble ....but if you leave in your portfolio for your kids future ...They won't be happy. This is not the trend of the future!!
Environmental destruction and wasteful non-sustainable Food Production,
20 acres to feed 1 cow, 20 Acres to feed How many people Do the Math ...
Look at the chart Against a 5 year Walmart.
Double BottomDouble bottom noted if it holds.
Possible stop under 68 or where you see support.
Short percent is 13% which is on the high side, with 3.8 days to cover.
No recommendation
looking for 60%?I love $SHAK, it's consolidating now, and there are patterns pointing to a 60% up from here.
ABC Bullish Symmetrical TriangleEarnings tomorrow AMC. Targets are if earnings are received well (o:
The triangle can go either way.
Possible stop below 87.
No recommendation.
Expectations are low but they do miss.
SHAK - Bull PennantSHAK has been on the recovery since hitting low @ 78 on 13 May. It hit a high of 111.49 3 days ago and has since been consolidating in what is now an apparent bull pennant. It looks like it could be breaking out of this pennant in the next 1-2 days and when it does, am looking for a possible near term target of around 114.70.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). 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 and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
SHAK -on firmer ground to recoveryAfter hitting a low of 78 in a few weeks ago, SHAK finally gapped up on strong volume on 25 May, suggesting that the downward pressure might be over. Over the last 2 weeks it began to form a bull flag cummulating to a strong break out of this bull flag yesterday. These adds credibility that the trend has now reversed to the upside.
I am expecting a near term target of at least 104-105 (gap fill and a previous support turned resistence). Should it be able to clear this level, then 115 becomes a possibility. Trail your stops upwards accordingly.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). 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 and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
SHAK - a nice chance for a big rallyeExpectation:
1. close gap
2. small correction
3. bigger upmove to the dtl at least - or test of the ath
2. could fail... the stock could go directly to 3... rsi indicator is in bullish mode..
$SHAK Shake Shack Potential Trade
Bullish move today on strong volume.
Alert set above the 50ma for add / entry
BUY Shake ShackI have Shake Shack in a possible 4th wave and starting to make higher highs. Would watch price action if it breaks trend line to see if volume comes in. Could start forming a position now. Targets are from wave 5 fib extensions. Good Luck!
POST COVID Growth stock $SHAK$SHAK has grown in a picthfork over the past year. Seems to be breaking out as we get closer to a post-COVID market. I am looking for it to really climb in late April/May but there are some clear short term growth markers for weekly swing trades if it is played right.
Still looks pretty bullish to meLooking for support to still hold, Would be long on breakout of bull flag, no position currently
