McDonald’s And Shake Shack Chatter

$SHAK is breaking higher here on McDonalds chatter:

Regardless of silly trader chatter, the technicals are phenomenal for this recent iPO darling, with price breaking back above the 200 day moving average today. Here’s a look at the daily 9mo Daily chart:

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Let’s see if the bulls can hold this breakout.

Full disclosure, we are long $SHAK inside 12631 & Exodus.