Marketsurfer says short shake shack

NEVER average down, stock is in total squeeze, same effect as shorting Nasdaq in 1999!
Maybe 100 dollars could be a good price to short. I say maybe.

Chris Mac

Yeah, that is a good rule--- but this time will be different. surf
 
Yeah, that is a good rule--- but this time will be different. surf
Nah, it will be the same, market patterns repeat again and again.
See the graph ? Bollinger bands narrowing at the beginning of April ?
And since then, bands are enlarging ? => SQUEEZE ! You can't fight vs it.
Just cut your losses, take a break, and wait to short this stock later.
Right now, you got tons of good short candidates in biotech ! You don't need to test their medics to know they will crash !

Chris Mac

shake.gif
 
Nah, it will be the same, market patterns repeat again and again.
See the graph ? Bollinger bands narrowing at the beginning of April ?
And since then, bands are enlarging ? => SQUEEZE ! You can't fight vs it.
Just cut your losses, take a break, and wait to short this stock later.
Right now, you got tons of good short candidates in biotech ! You don't need to test their medics to know they will crash !

Chris Mac

View attachment 152337


Time will tell. Good luck! surf
 
Back
Top