SR618

Double Bottom Trendline and 200ma break with Upgrade. SHAK

Pembelian
SR618 Diupdate   
NYSE:SHAK   Shake Shack, Inc.
Ducks are all in a row!

-Wedbush upgraded price target of $77.
Analyst notes SHAK is 'even more attractive' post-COVID position and is still a "preeminent" growth story.

-Internationally, SHAK is seeing great demand in places like China, where countries have COVID under control.

-SHAK EPS is expected to grow over a 100% year over year.

-Technically price is above the 20 and 50 daily ma and on the verge of breaking the 200 daily ma.
-bullish volume spike
-finally breaking the downward sloping trend line.

- Price is clearly be consolidating between 50-55 range
-Price has also made a double bottom w/ Stoch divergence.
Komentar:
covered half of shak at 60. b/e on remaining

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