Shake Shack, Inc.Short
SHAK - Upward channel breakdown short from $36.71 to $34 or lowe
SHAK seems breaking down from an upward channel. It also look look like a rising wedge breakdown. We think it has good downside potential from here.
* Trade Criteria *
Date First Found- June 21, 2017
Pattern/Why-Upward channel breakdown; Rising wedge Break
Entry Target Criteria- Break of $36.71
Exit Target Criteria- $34 or lower
Stop Loss Criteria- $38.6
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- June 21, 2017
Pattern/Why-Upward channel breakdown; Rising wedge Break
Entry Target Criteria- Break of $36.71
Exit Target Criteria- $34 or lower
Stop Loss Criteria- $38.6
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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