tristan.rhodes
Long

SHAK: HEAD AND SHOULDERS TARGET REACHED, SHOULD GET A BOUNCE

NYSE:SHAK   SHAKE SHACK INC
11 1 1
SHAK             has completed a downward break from the neck that matched the distance from the head to the neckline.

The stock has now paused and will likely bounce up for the short term. I expect the target will at least reach the lower left shoulder neckline. The target should be reached in the next few months.

There is resistance at the red line which was defined early after the IPO             .
tristan.rhodes
a year ago
Looks like I set my stop to close in this instance, but I got the bounce I was looking for!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out