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Long

Shake Shack Inc.:A bullish pattern.

NYSE:SHAK   SHAKE SHACK INC
Few months ahead of its 1st year as a publicly traded company, the restaurants chain company is recovering from the bearish market of August, that has led it to test the 41.58 support level .

The current pattern is bullish with 60.51 as an objective, 48.07 being the objective of any eventual drawback.

The weekly Pivot Point is around 53.29. Its weekly support levels are around 49.89 and 44             .65. Its weekly resistance levels are around 58.53 and 61.93.
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