Bullish again on $SHAKI like this Morning star candle pattern
and today is again above the 100SMA daily
Im in this trade with shares this time
0L5R trade ideas
SHAK to $125My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price below bottom channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is spiked negative and below Bollinger Band
Entry at $116.45
Target is $125 or channel top
PUT sale on SHAKSHAK has retraced over 10%, 4 bearish candles in a row plus its hitting the daily 100SMA.. a rebound is over due. Getting over 1% premium and expiration is not too far from today.
Understanding Market Forces and Liquidity CollectionMarkets move to areas where liquidity exists, so learning to spot these zones can help you identify where the "smart money" is likely to act.
Smart Money Trading focuses on understanding how institutional players (banks, hedge funds, and large financial institutions) operate in financial markets. These entities have the capital to influence price movements, often targeting areas of liquidity to fill their large orders. Liquidity collection refers to the process of gathering buy or sell orders at key levels, such as swing highs, swing lows, or consolidation zones, where retail traders typically place their stop losses.
For example, if you see price spiking briefly above a resistance level before reversing sharply, this is often an institution "collecting liquidity" by triggering stop orders placed by retail traders. Recognising these patterns allows smart traders to align their trades with institutional strategies instead of fighting against them.
Key takeaway: Markets move to areas where liquidity exists, so learning to spot these zones can help you identify where the "smart money" is likely to act.
SHAKWeekly scale. Into my watchlist.
I am waiting for the retest of the broken horizontal level to enter.
Don't chase the stock. Even, as many charts prove, the best breakouts do not provide the opportunity for the second entry at a retest of the level, I prefer to see the retest and the confirmation / a tighter stop loss.
Trade safe
Shake Shack SHAK likely to remain volatile into remainder of yrLooking for the price levels shown to function as turning points on the next buy & sell waves for this ticker. Trading calls & puts as appropriate at those levels.
Using ITM option contracts given the lower liquidity & wider spread values. Most of my contracts are 3-6 weeks out from expiration.
Share your thoughts!!
SHAK to $100MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading system is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM Squeeze in in play.
I hold until target is reached or end of year, when I can book a loss.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom channels
Stochastic Momentum Index (SMI) at oversold level
Price at near 50% retracement Fibonacci level
In at $94
Target $100 or top of channel
Shake Shack & Serve Robotics Set to Launch Robot Delivery in LAIn 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 technology.
The Partnership: A Glimpse into the Future of Food Delivery
The collaboration between Shake Shack and Serve Robotics, a company spun off from Uber in 2021, will initially focus on select Shake Shack locations in Los Angeles. Customers placing orders via Uber Eats could soon find their meals delivered by Serve’s AI-powered robots, which have been operating in the city since 2022.
These autonomous sidewalk robots are part of a broader trend in the restaurant and retail industries, where companies are increasingly adopting robots, drones, and self-driving cars to streamline operations and reduce delivery costs. For Serve Robotics, the partnership with Shake Shack is a crucial milestone in its ambitious plan to deploy up to 2,000 robots across the United States by 2025.
Market Impact and Industry Context
The announcement of the partnership had an immediate impact on the stock market, with Serve Robotics' shares surging by nearly 30% following the news. The company, which reported a significant seven-fold increase in revenue for the second quarter of 2023, is rapidly becoming a key player in the autonomous delivery space. Its partnership with retailers like 7-Eleven and now Shake Shack underscores its growing influence and market presence.
This collaboration also comes at a time when the food and retail industries are under pressure to innovate. Rising labor costs and changing consumer preferences are driving companies to explore new technologies that can enhance efficiency and improve customer service. Autonomous delivery robots offer a compelling solution, providing a unique combination of convenience, affordability, and futuristic appeal.
The Role of Activist Investors in Shake Shack's Strategic Direction
Shake Shack’s move towards automation also aligns with broader trends in corporate strategy, where activist investors are increasingly pushing companies to unlock value through innovation and efficiency. In 2023, activist investor campaigns reached new heights, with a significant focus on environmental, social, and governance (ESG) issues, as well as technological advancements.
Shake Shack (NYSE: NYSE:SHAK ), which has faced pressure from activist investors like Engaged Capital, is among the companies adopting these strategies to stay competitive in a rapidly evolving market. The partnership with Serve Robotics reflects the company’s commitment to leveraging cutting-edge technology to enhance its operations and deliver superior customer experiences.
The Future of Autonomous Delivery
As the partnership between Shake Shack (NYSE: NYSE:SHAK ) and Serve Robotics unfolds, it is likely to set the stage for further expansion of autonomous delivery services across the United States. The success of this initiative could pave the way for similar collaborations in other cities and potentially transform the landscape of food delivery.
“We're thrilled about our collaboration with Serve Robotics and Uber Eats,” said Steph So, Senior Vice President of Digital Experience at Shake Shack. “In line with our vision of enlightened hospitality, this partnership highlights our commitment to leveraging innovation to enhance guest experiences both in and out of Shack.”
For Uber, which continues to be a leader in autonomous mobility and delivery, the partnership represents another step forward in its mission to revolutionize the delivery industry. Noah Zych, Global Head of Autonomous Mobility & Delivery at Uber, emphasized the importance of this collaboration in bringing "a little more Uber magic" to Shake Shack (NYSE: NYSE:SHAK ) customers in Los Angeles.
Technical Outlook
Despite the presence of positive developments, Shake Shack (NYSE: NYSE:SHAK ) appears to have been unaffected as its stock has declined by 0.52% at the time of writing. In contrast, Serve Robotics' stock has surged by 30% today. Notwithstanding, certain indicators, such as the Relative Strength Index (RSI) currently at 65, provide a glimmer of hope for Shake Shack (NYSE: NYSE:SHAK ). This is observed despite the formation of a slowly emerging bearish hanging man pattern on the daily chart.
Conclusion: A New Era for Shake Shack and Serve Robotics
The partnership between Shake Shack and Serve Robotics marks a significant milestone in the ongoing evolution of the food delivery industry. As autonomous robots become an increasingly common sight on the sidewalks of Los Angeles, this collaboration could signal the beginning of a new era where technology and hospitality converge to create more efficient, enjoyable, and innovative customer experiences.
With plans to expand their robotic fleet and geographic reach, Shake Shack and Serve Robotics are well-positioned to lead the charge in redefining how food is delivered in the modern world. As the industry watches closely, this partnership may very well set the standard for the future of autonomous delivery services.
Going to the Dark Side...$SHAK to fill the GAPNYSE:SHAK has had a good run and is a solid performer. That said NYSE:SHAK might have gotten ahead of itself a bit. Upside has be tested at 111 twice and rejected. Management has sold some shares for tax purposes but that's not too big a deal.
I could wait for the 3rd rejection or start easing into a short position which is my preference at the moment. Will add to short as downside momentum picks up. Good luck all.
🍔📈 Shake Shack (SHAK) Analysis 🌍🔍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% year-over-year increase.
Expansion Potential:
With the Federal Reserve potentially maintaining or lowering interest rates, Shake Shack could see further expansion in 2024. With 518 locations (334 in the U.S.) at the end of 2023, there is significant growth potential. While it may not reach the size of McDonald's, it could approach Five Guys' nearly 1,500 U.S. locations, potentially quadrupling its current count.
Investment Outlook:
Bullish Outlook: We are bullish on SHAK above the $87.00-$88.00 range.
Upside Potential: With an upside target set at $145.00-$150.00, investors should monitor sales growth and expansion efforts as key performance drivers.
📊🍔 Keep a close watch on Shake Shack's growth for promising investment opportunities! #SHAK #RestaurantGrowth 🌍📈
Shake shack, pullback Uptrend
As you see, there is a reaction to s/r level at $100 and after passing out of it, you can see a pullback to this level. You can get a buying position right now or after passing of 108 successfully. below 100 can be a sure place for setting SL and next target at about 138.
Good luck
Shake Shack: Riding High on Gourmet Burger DemandShake 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 other major players in the fast-food realm struggle to attract foot traffic, Shake Shack has witnessed a staggering 15% surge in October alone, culminating in a remarkable 24% jump in December. These numbers not only defy industry trends but also underscore the enduring appeal of Shake Shack's ( NYSE:SHAK ) upscale offerings.
CEO Randy Garutti attributes much of this success to strategic initiatives aimed at enhancing both the quality of their menu offerings and the efficiency of their service. New launches such as their spicy burgers and crinkle-cut fries have resonated with customers, drawing them in even as competitors falter. Additionally, savvy marketing campaigns, including limited-time promotions like the Trolls-themed shakes, have helped to keep Shake Shack ( NYSE:SHAK ) top of mind for consumers seeking a unique dining experience.
Investors have taken notice of Shake Shack's ( NYSE:SHAK ) impressive performance, driving the stock to a more than two-year high. With shares trading at $95.42, the company has seen a remarkable 33% gain over the past 12 months, outpacing many of its competitors in the quick-service restaurant sector.
Looking ahead, Shake Shack ( NYSE:SHAK ) remains bullish on its prospects, projecting full-year same-store sales growth in the low-single-digit percentage range. While analysts predict a more modest 2.6% rise, there is widespread confidence in the company's ability to continue its trajectory of success.
Analyst Jim Sanderson of Northcoast Research emphasizes the role of quality and value in sustaining Shake Shack's organic sales growth. In an increasingly competitive landscape, Shake Shack's commitment to delivering superior dining experiences has set it apart from the pack.
In summary, Shake Shack's ( NYSE:SHAK ) latest earnings report paints a picture of resilience and innovation in the face of challenging market conditions. By staying true to its core values of quality and customer satisfaction, Shake Shack ( NYSE:SHAK ) has not only weathered the storm but emerged stronger than ever, poised for continued growth and success in the months to come.
Shake Shack (NYSE:SHAK) jumped 6.8% on Retirement of Randy G.Shares of fast-food chain Shake Shack (NYSE:SHAK) jumped 6.8% in the morning session after the announcement that Randy Garutti, the CEO of the company, will retire in 2024 upon the selection of his successor. The Board of Directors, spearheaded by Korn Ferry, has commenced an external search for a suitable replacement. Additionally, the company reaffirmed its Q4 and FY'23 guidance, indicating that the leadership transition is not expected to have a significant short-term impact, reassuring investors.
SHAK has a positive trend in the short term, as it has risen by 10.67% in the last 5 days and crossed above its 20-day and 50-day moving averages.
A look into Shake Shack's Macro Trend, Bullish or Bearish? Hi guys! This is a Macro analysis into Shake Shack (SHAK).
We will assess various developments occuring in the charts, shedding some light into whether we are in a bullish or bearish overall trend.
The analysis is done on the 1 Week timeframe.
When looking at the Price action of Shake Shack.
We have recently been REJECTED from a Major Resistance Trendline (RED line).
This line has been acting as resistance since Feb. 2021.
NOTE: This trendline indicates our current TREND. That is we are in a downtrend until proven otherwise. That proof is breaking ABOVE and CONFIRMING Support on this RED line.
Also NOTE: This is our 2nd touch point of this RED line. In trendline theory it states that atleast 3 or more touches are required on trendlines for them to weaken enough for a break to the opposite side.
So it makes sense that It has pushed us into another downtrend that has recently broken down below the 21 EMA (Purple moving average).
We are now rapidly approaching a SUPPORT test on the 50 SMA (Green Moving Average).
It is crucial we find SUPPORT on the 50 SMA and Horizontal Black Support line.
If we can't we risk falling to the "Major Support Trendline".
Which also risks another DEATHCROSS. Notice the slight downward curve on the 21 EMA.
Having a DEATHCROSS occur can bring in momentum to even push Prices below the "Major Support Trendline".
Our MACD indicator has also CROSSED Bearish with signficiantly increasing RED histogram bars. This signifies an increase in bearish momentum.
To maintain Bullish trend, we need to stay ABOVE the 0 level on MACD and have a BULL cross with the print of GREEN histogram bars.
We also MUST maintain Support on the 50 SMA, eventually CONFIRMING Support ABOVE 21 EMA.
Notice also the GOLDEN CROSS between 21 EMA and 50 SMA, as long as we maintain SUPPORT Above 50 SMA, this has the momentum to maintain an UPTREND.
It can also help us breakout through the Major Resistance Trendline.
Also take a look for reference at our previous REJECTION of this Major Resistance Trendline.
(Orange arrow)
Notice how we ended up testing Support on Green 50 SMA, bounced upwards but ended up coming back down and breaking down, printing the death cross and falling 72%. There is nothing saying that we cant do a similar move but theres also no way of knowing that it will play out exactly as past history.
Thats why we need to be level headed and take it 1 step at a time.
So in the coming weaks our current direction of price action is to TEST SUPPORT on the 50 SMA and the Black line Support CONFLUENCE first.
This area is CRUCIAL area that will determine whether we go back to RE-TEST either:
1. RED Major Resistance Trendline above.
2. BLACK Major Support Trendline below.
If we re-test the REDline that will make 3 touch points, and we will need to observe whether or not we break through.
If we re-test the Black Major Support trendline, we risk breaking down which may cause further price declines. But note its a Major Historical Trendline so it can make monumental buying opportunity provided we get back down there.
__________________________________________________________________________________
Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on SHAK in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
Look for buysHello,
Shake Shack is an American fast casual restaurant chain based in New York City. Q2 2022 operating profit at $42M with the profit margin at 18.8%. Food and paper costs were 29.6% of Shack sales in
the second quarter. More details on their website.
Good luck.
Bullish consolidatedThe rise since May 30th has been consolidated for 6 days. I think that this may be enough to continue the rise. The danger of another downward test is not over however as we have not yet overcome the weekly range decisively.
SHAK-SELL strategySo far it is reacting the right direction. We tried higher, and we added. Now we require break of $ 66 area en route $ 55.00.
\Keep profit level @ $ 57.00 now and stop-loss only if required above $ 78.
SHAK-Remain short or SELL strategyRemain short, or SELL strategy for the SHAK. The stock is overbought, and the pattern suggest we are ready for a move back towards cloud support @ 58.00.
Strategy is sell $ 65-66 and take profit @ 59.50 for now. Stop-loss if needed @ $ 72.00.
SHAK- Sell strategyThe move up is little extreme. RSI is overbought, and we are far away from cloud support $ 56.50 area.
Strategy is SELL @ $ 66.40-66.50 and place profit order @ $ 58.75 for now. Stop-loss only if one wishes too maybe $ 78.00.
SHAK: Short-Term Pain + Long-Term Gain I think it makes sense to enter a long-term bullish position in SHAK if/when we hit the support level of 30.30.
This level has acted as a reliable support point four times in SHAK's history as a public company. Each time prices have reached the 30.30 level, bulls came in to prevent further losses in share price.
This time may be different ((we may see some price action below the 30.30 level) SHAK is an extremely volatile stock)). Even with this possibility, I still believe buying and holding at or around this key support area seems like a smart move for a longer-term trade or as a buy and hold.
This is not financial advice. Good luck!
SHAK SELL ++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 coming years.
SHAK SELLI'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.
SHAK SELLAdded puts to my position today we are approaching Fibonacci resistance, cloud resistance, overbought on several time frame charts and various technical indicators.
