Shares of fast-food chain Shake Shack (NYSE:SHAK) jumped 6.8% in the morning session after the announcement that Randy Garutti, the CEO of the company, will retire in 2024 upon the selection of his successor. The Board of Directors, spearheaded by Korn Ferry, has commenced an external search for a suitable replacement. Additionally, the company reaffirmed its Q4...
🌐 Greetings Crypto Enthusiasts, Today, let's set our sights on RNDR as it gracefully maneuvers within an ascending channel, painting a compelling narrative on the charts. RNDR, known for its strategic plays, exhibits a unique pattern—repeatedly forming a bullish flag after a bounce from the lower channel boundary. What makes RNDR an intriguing asset is its knack...
I saw a post here at some point. It showed a chart that went down to the levels it's currently at. And bouncing in a horizontal channel up and down and finally break out. It's that way cause in that cycle the people need more "washing machine" action to get shaken out. I know as much as yous, but to me this seems legit, lets see how it plays out.
I think the Bottom for Shake is the zone between 56-60$ , Thats mean you can buy Shak from this zone, The Targets are in the chart , Rsi look Great on Daily Candel. dont forget the stoploss 55$ , I will update everything here. Good luck))
Shake Shack $SHAK seems to have an interesting pattern. It has broken up the trend line. It went above 40 and has come back to rest on the same line from above. I am buying around $35 with a $2 risk. Chances are it will be a higher top, probably around $45!