Sweetgreen, Inc.Diupdate Another Dark Side Candidate...$SG will return to earth -> Short
After tripling in a few short months, riding the wave of strong earnings, its time for SG to return to earth. Looking at the chart you'll see a gap that needs to be filled.
Valuation is a concern here and on that simple basis it should fall to lower portion of gap. Opening short position here similar to short in SHAK. Will add to position as momentum to the downside is established.
SG to return to earth. Looking at the chart you'll see a gap that needs to be filled.Valuation is a concern here and on that simple basis it should fall to lower portion of gap. Opening short position here similar to short in SHAK. Will add to position as momentum to the downside is established.
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TBH, this has shown more strength than expected. That said, we still believe this is a candidate that will come back to the 20-24 range in the coming weeks. Adding to the short position...Trade aktif
Expected SG to follow the same path downward as SHAK. Standard rotation after a rise...maybe towards end of quarter you will see more profit taking.Trade aktif
Could be just the start of end of quarter profit taking. Whats the old saying? Bulls make money. Bears make money. Pigs get slaughtered.Always trust the math.
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Its been a good day for the SG bears. If shorts are able to push this down below $28.60 level the next support is in the $18-$19 range. Could happen very quickly given end of quarter profit taking.
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Support was broken. Look out below. 18-19 on the daily over the next 4-6 weeks possible.Trading ditutup: target tercapai
Taking profits...break out all the cliches. bulls make money bears make money pigs get slaughtered.
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.