Shake Shack Stock Jumps on Strong Technicals and Sales Growth
- Shake Shack stock got a boost to its Relative Strength (RS) Rating, jumping to 83
- Stocks with RS Ratings of 80+ in early stages of moves tend to be top performers
- Shake Shack forming cup with handle, with 76.74 buy point
- Shake Shack earnings growth dropped last quarter, but revenue gains accelerated
- Shake Shack stock ranks No. 7 among peers like Chipotle and Wingstop