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Yamit2000
Mar 31, 2019 7:58 PM

Shake Shack - up.. Long

Shake Shack, Inc.NYSE

Description

SHAK - sector: services
The stock marked a significant increase toward 60 level,
At the moment 60 is a resistance level, but it is expected to become a support.
The indicators (MACD&OBV) which are viewed on the chart as well as the volume support the proposed idea.
I am waiting for a breakout above 60 with high trading volumes and an an approval candle before entering the trade.
First target would be 61.4
this is not a recommendation.
as always, feedback will be received with love
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