Although SG is on its way to 50% retrace from the high, I foresee more opportunity to the downside, particularly at the $16 mark to go long. Setup an alert for SG crossing $16 to go long, otherwise take a brief short expiring in the next 2 weeks. Happy Trading,
NYSE:SG Bearish To Bullish Reversal, parallel down trend ending with a bottoming pattern. This is obviously a new company and a long term investment if you like the company.
Initial downtrend since March 2022 Support at ~$11.80 Descending triangles form New resistance forms New downtrend forming at ~$11.37?
Sweetgreen, 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 its restaurants. As of September 26, 2021, it owned and operated...
Predicting 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.
Will probably chop in between $13-$20 so until it makes a move outside this range, don't expect much.
Tutorial on Utilizing Fib, Trendlines, and whatever you want to call Supply/Demand
SG 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 ) First of many ideas to come
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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**
Sweet green has the potential to make a breakout as it has gained great volume aiming to attack its short-term resistance labeled as R1.
Sweetgreen 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