Shake Shack Weekly Chart Review

Jan 18, 2020

Resistance holds at that gap open level.
Above $72 a good possible entry level, with $83 as target level.
Moving averages now rising and in support.
The weekly chart shows mid channel resistance also in play.
The weekly Stochastic and MACD in bullish reversal.
A crossing of the MACD could help ignite A RALLY.

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