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enrrique914
Apr 2, 2022 10:55 PM

SHAK Long Long

Shake Shack, Inc.NYSE

Description

After 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 :)
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