0L5R trade ideas
Shake Shack - up..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 entering the trade.
First target would be 61.4
this is not a recommendation.
as always, feedback will be received with love
SHAK: You better love this name.Marking all the ST price targets. They will happen fast N furious.
I have these:
SHAK Mar 22nd -- 53.5 calls
SHAK at strong resistance getting ready to breakout?!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.
Target 1 is the 200 day sma and target 2 will be around the $60. Let's see what she does this week!
Once filled will give the trade 3-5 days to see how the momentum is.
As always let price discovery be your guide :-).
short SHAK 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 - falling wedge could be intriguing 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
$SHAK LOOKS UGLY WITH GAP BELOW200DMA AND GAP TGTS ON CONTINUED WEAKNESS
INTERESTED TO SEE REACTION HERE AT RANGE SUPPORT OF GAP UP
ON WATCH
10/1/2018 - Self Improvement - SHAKI'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% pullback from a massive rise. The stock is still very far from the 200MA and i believe it will stay that way as it climbs the support line i have drawn. The stocks pullback was healthy and it still has room to grow so if it bounces up off the support or rises above 63.60 that will be my buy in point. When i buy it i believe the support line will be my stop loss point.
shake shack (1)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 market is in the top of its range so i would much rather find good shorts then longs)
group strength = 1 (us resturants stocks look fine)
fractal = 0 (nothing to say here)
$73 till Summer 2019The 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 are burgers in there
Organic quality, which obviously makes a lasting impression on most guests
leave. Should you not be convinced yet: make a visit
a self-experiment in the USA! With an average turnover of more than
$ 4 million per store brings the company to a result of just over $ 1 million. The investment costs of around $ 3 million for a "shack" have paid for themselves in about three years.
Reason enough for Shake Shack to hit the gas during expansion. So should
the number of branches in the US in 2018 will grow from 90 to up to 125. simultaneously
The company is expanding through franchises in the Middle East, UK and Asia.
With disproportionately high franchise fees compared to the sector, this can be
Companies here exploit the strength of its brand, without binding its own capital
to have to. In the medium term, the company is likely to have several hundred "shacks"
grow and become a true cash flow machine. The rise in share prices after the more than convincing figures for the first quarter nevertheless seems a bit over the top. With an EV / EBITDA multiple of more than 20, the stock is trading at a hefty premium to some of the industry's best-managed companies (EV / EBITDA of approximately 16.5). The stock should therefore only be bought after price resets.
From Elliott Wellen point of view, therefore, would be the setback in the wave 4 of the red (1) as a favorable entry point and considered a long-term investment.
Greetings from Hannover
Stefan Bode
P.S. Share and like it ;-)
Shake Shack will take a big piece of the Fast Food Burger Cake
In my opinion Shak is about to set up for conquer Mc D and Co.
Now Mcdoofie is trying to sale higher meat quality. Now, but to late.
First buy in since around 37, second came around 39 and the next will be after pull back and then at breaking the present high.
Resist turned into suport and trend line is upward
Make your own research and
May the markets be with us
Shake shack ready to double in the next 2 year?Very high growth stock, wouldn't be surprised to see this double in 2 years time.
$SHAK looks like it might confirm breakoutSHAK had a breakout on strong volume two days ago and looks like it could leg up from here.
Yesterday the consolidation zone was retestet - close today will be interesting.
High short interest of 40%+
$SHAK retest b/o level, still looking decentretraced to test b/o level and holding. Below 59.5 is failed b/o and bearish, above 62 bullish and probably when the 40%+ of the shorts here will start getting worries. Massive squeeze in the works?
nice breakout SHAKTight consolidation after ER massive move. 70-80 in a month, 90-100 possible by EOY
SHAKE SHACK ... YUMMYI was hungry and hungry of speculation. look at that shake shack how is rising. after the initial over speculation it plummet at the ground like a big mac gone bad.
After the break out of the broadening channel it fall again in to the channel to come out again. For me it is a sign of streng. If you look good you can see a sort of inverse head and shoulder formation or the last leg of a bearish harmonic . Now it could be in a ascending wedge. If it break the second red line it has good possibility to test the top of the rising wedge before come back to the bottom.
RSI enter in acceleration buy level and it has space to grow up.
YUMMY
A Long Setup In $SHAK Here & NowBefore I enter a long position, I like to have at least two signals of confirmation. In the case of $SHAK we see price coming into a Fibonacci Retracement Level which coincides with the VPOC (Volume Point of Control) for the time frame in question. This is what we call an area or zone of confluence and is the area where I will take a shot at a long 10/10 times. It is easy to manage and I like the risk reward.
www.omahacharts.com
