SHAK

[dartmus]

$SHAK can it hold or will this drop like crazy today? It seems every time it goes up it just tanks the next day or two.

Al Brooks spike and channel up, already touched daily kod but since ES likely to continue to channel up and shak weekly oversold, and daily shak gave a new buy signal ignore daily kod and ride the chan up. This does not mean buy exuberance or ignore the break of the chan when it comes. Buy every dip. Short the ceiling. Or maybe only short ceilings if pushing an agenda and u don't understand CT is often the sweetest nectar.

 

[Phill Twist]

$SHAK will short $38 all day

 

[Phill Twist]

Shake Shack ($SHAK) is trading around $34 right now. SHAK will continue to face resistance in the $38's.

 

[Phill Twist]

Bearish on $SHAK. High multiples plus every move over 50-day has been aggressively sold

 

[debitspread]

> Bearish on $SHAK

Joining Surf, but $40 lower !

 

[debitspread]

> SHAK will continue to face resistance in the $38

A chance for you to average up... SHAK 40.00 1.55 4.03%

 

[Phill Twist]

I am still stalking for a short... needs a big volume short covering day for me to jump in

 

[debitspread]

What does "bearish on $SHAK" mean? Short in your papertrading account?

 

[LacesOut]

I bought SHAK near the close today at $31.97.
I will consider adding on further weakness below $30.
This company is now cheap.

Closed 75% of my position today at $40.97...Happy with a $9 gain....
will hold the balance and risk a close below ATL...
chart still looks primed to move higher but my focus is elsewhere...

 

[Phill Twist]

I closed the short call position from yesterday afternoon. Market seems to feel its oats and I don't want to stand in the way.