Shake Shak (SHAK): Short the HIGH [Haejin says BULL, I say EASY SHORT]
Haejin says strong bull and I strongly disagree (short term basis)
Check out the last Haejin's post about SHAK, Shake Shak.
https://steemit.com/money/@haejin/shake-shak-shak-super-bullish
I've never heard about this company before but after watching the Haejin's forecast I've had to write this post.
Company US Based, Service's industry: Fast food.
As this stock is moving very fast after several weeks in hibernation mode, I would expect a quick fill.
Do the opposite of @Haejin does for the win! :P
Check out the channeling and the suport/resistance levels
Key levels are likely to act as support zones
Almost a 15% profit at current prices if the short goes to the starting of the bull move
Most people want to buy low and sell high. Great. This is the high you've been looking for.
Most gaps tend to be filled. Certainly you don't know when, but they do get filled over time.
More TECHNICAL ANALYSIS, TRADES & SETUPS:
· https://steemit.com/esteem/@luiggih/bitcoin-is-about-to-pop
· https://steemit.com/bitcoin/@luiggih/ripple-about-to-explode-bull-setup
· https://steemit.com/bitcoin/@luiggih/shake-shak-shak-short-the-high-haejin-says-bull-i-say-easy-short
· https://steemit.com/eos/@luiggih/if-you-re-not-bullish-yet-in-eos-just-check-this-chart
· https://steemit.com/beyondbitcoin/@luiggih/stellar-lumen-getting-ready-for-another-10-move-short-term-long-setup
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Nice bold call. After a big bullish move and now an RSI of 87!, no way is their more short term upside. I completely agree with being an excellent short candidate. I would prefer to buy Puts...