I've been waiting for a bounce on this stock for a long time (since I couldn't short it back on 6/2) earnings on 8/12
MACD marginally bearish. Be patient for bullish xover and let Smart Money establish a real trend first.
Keeping a close eye on SHAK bearish. Two strong bearish gaps that have been unfilled. On a daily I think we just completed a wave B and are about to roll over into C Considering July $80 puts
Bullish move on SHAK due to close above 79.50. It might retest 79.50.
Nice one white solider on SHAK on the daily. :-) Double bottom on the hourly.. Let's see what happens and if we can get a good quick swing trade on this one to pay for a milk shake or two!
After SHAKs IPO it has beacome very clear that this stock will continue to slide