adolphus53

shake shack (1)

Long
NYSE:SHAK   Shake Shack, Inc.
i know nothing about this company, but i am looking to buy a overextended selloff and that would be here (yellow area)

volume = 0 ( big sell off on big volume , i am thinking that this is not bottom right now)
entry = 1 (right now its down 20% from the recent high, if it comes to this buying area we would be down 30% in 2-3 months)
timing = -1 ( i believe that the market is in the top of its range so i would much rather find good shorts then longs)
group strength = 1 (us resturants stocks look fine)
fractal = 0 (nothing to say here)
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