Shake Shack, Inc.
Long
Updated

$SHAK Risky Earnings trade

370
No lack of controversy in SHAK recently
high short interest of 28% could help stimulate a rally if earnings surprise.
Much will depend on commentary during the earnings call as analysts could give the CEO quiet a grilling.
Treading at a high p/e ratio of 82

Nice bounce of the middle bollinger band.
within well respected channel which hopefully does into turn into a bear flag.

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Note
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