SHAK - sector: services
The stock marked a significant increase toward 60 level,
At the moment 60 is a resistance level, but it is expected to become a support.
The indicators (MACD&OBV) which are viewed on the chart as well as the volume support the proposed idea.
I am waiting for a breakout above 60 with high trading volumes and an an approval candle before...
SHAK One of my favorite setups is to take a stock long at the break of a resistance or break of support to catch the momentum of the move. Earnings are about 2 weeks out too so SHAK may rise into the ER like most stocks do.
MY setup is taking the break of Thursday's candle with March $50 calls. Keeping a tight stop in case it's a failure on the break up.
highly overvalued and with no proper income... globally exposed as well in major cities across globe.
price is hitting the previous Weekly resistance with a stock price on 2H in great position for short.
SHAK will be at the Dec 4th BARCLAYS consumer discretionary conference. i love falling wedges as they typically denote a "break from prior sentiment ..." short interest = 22% .... there is a tangible reason shorts are piling on name .... comps have sucked lately, for ex -1% 3Q18; any upside to same store #s in 2019 would be immediate tailwind
I've been trading for 5 months. I am by no means an expert so please don't solely go off my advice or my actions. I have been keeping a log for quite some time on Tradingview but i have just now decided to go public. If you can help me at all and have any thoughts on my stock actions please feel free to leave comments.
SHAK looks to be rebounding off of a 50%...
i know nothing about this company, but i am looking to buy a overextended selloff and that would be here (yellow area)
volume = 0 ( big sell off on big volume , i am thinking that this is not bottom right now)
entry = 1 (right now its down 20% from the recent high, if it comes to this buying area we would be down 30% in 2-3 months)
timing = -1 ( i believe that...
The rating for a burger chain unusually high rating (currently estimated P / E for 2018 of more than 100) is not completely absurd. At Shake Shack, the return on
the capital employed is one of the key drivers. The New York-based company is a trend-setter with its gastronomy concept, the queues in front of the so-called "shacks" (the branches) are legendary. There...