andrew.berg

SHAK found bottom and ready to go

Pembelian
NYSE:SHAK   Shake Shack, Inc.
Looks like this broken stock found support around $32 and bounced off. Now, consolidates nicely above 8/21 EMAs. Break up and close above consolidation resistance at $38.20 can bring more active buyers with stop below $35.25 and target at $42.80. That makes this trade reasonable from Risk/Reward perspective and probability/ Overall market is bullish which can support the stock

Pernyataan Penyangkalan

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.