Shake Shack, Inc.
Panjang
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Watch out for the SHAK attack

52
This is a pivotal moment for SHAK.

Testing LT trend lines and beginning to level out to (hopefully) consolidate before taking it's next leg higher.
Low volume is concerning though.

Fundamentally this is a fantastic company from an outsiders perspective....operating efficiencies on point, decent quality products, large retail presence in key markets- I guess earnings will be the real test.

Should it hold this trend line at 92ish - targeting previous highs of $104 before moving to $109
Nota
Broke the trend line at 92 and hit 100MA support, if the fall continues next target is $76.

Earnings Nov 4th - only this can save it now

Penafian

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