SG Cascades
Initial downtrend since March 2022
Support at ~$11.80
Descending triangles form
New resistance forms
New downtrend forming at ~$11.37?
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About Sweetgreen, Inc
Sector
Consumer Services
Industry
Restaurants
CEO
Jonathan Neman
Website
sweetgreen.com
Headquarters
Los Angele
Employees
5.952K
Founded
2006
ISIN
US87043Q1085
Sweetgreen, Inc. owns and operates a chain of salad restaurants. It offers drinks, sides, local bowls, salads, plates, and warm bowls. The company was founded by Nicolas Jammet, Jonathan Neman and Nathaniel E. Ru in November 2006 and is headquartered in Los Angeles, CA.
SG | Salads Anyone? | OversoldSweetgreen, Inc., together with its subsidiaries, develops and operates fast-casual restaurants serving healthy foods prepared from seasonal and organic ingredients. The company also accepts orders through its online and mobile ordering platforms, as well as sells gift cards that can be redeemed in
Sweet Greens - going short on run upPredicting a peak for the run-up on sweet greens. We are advising a pair with MCD as consumer staples are favorable for the coming months.
$SG OutlookWill probably chop in between $13-$20 so until it makes a move outside this range, don't expect much.
SG Trade 💡 BullSG
Technical Perspective
We are at D- Extension on a Fib level, in confluence with Price Action (Utilize the Parents W/3D) to get a better understanding of key levels regards of the styles you know (on a intra day timeframe )
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Maybe not so sweet or green... Looks like a nice short set up technically and fundamentally. I'm not sure people are rushing to get overpriced salads with gas $5/gallon amid an economic slowdown. **Not financial advice**
Sweetgreen Bullish SetupSweet green has the potential to make a breakout as it has gained great volume aiming to attack its short-term resistance labeled as R1.
sweetgreenSweetgreen is an American fast casual restaurant chain that serves salads. It was founded in August 2007 by Nicolas Jammet, Nathaniel Ru, and Jonathan Neman, three months after they graduated from the McDonough School of Business at Georgetown
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