SniperInWood
:
Risk Level: 7 (High) The risk level of investing in Sweetgreen is relatively high, scored at 7/10 , given the current analysis. The key factors contributing to this are the lack of profitability and the negative sentiment from recent insider selling. Additionally, the stock's fundamentals show a significant negative EPS and operating income, which could deter traders looking for stable earnings. The company operates in a sector that isn't particularly highlighted as hot, which lowers its attractiveness as a strong growth opportunity. These factors combined mean that potential investors should be wary of significant capital allocation into this position. Support and Resistance Levels Support Level: $39 - Clear support was established during consolidation following the breakout. Resistance Level: $44.75 - The most recent 52-week high. Breakout Level: $42.77 - Key breakout observed, confirming a potential entry point. Trading Strategy Given the current worksheet score of 4.45/10, it is advisable to refrain from trading Sweetgreen at this time. The score indicates a poor trading opportunity, and therefore, allocating capital to this stock may not yield the desired risk-reward ratio. Instead, investors should consider waiting for further developments that could raise the overall viability score, such as positive earnings, improved company performance, or favorable sectoral changes.
Traded$Amazon (AMZN.US)$yesterday to bet on good earnings and turned out to be a good one. Good job on their ecommerce profit margin Same goes with$Shake Shack (SHAK.US)$few days ago. Good earnings definitely can boost your entire portfolio.
$Sweetgreen (SG.US)$ They have tons of locations all over USA. I was surprised to find some even up here in the north. Grab a dip and enjoy the ride. They are still growing rapidly with 24-26 new stores in 2024. They also intend to open 9 automated locations to address labor costs.
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
Sweetgreen Stock Forum
Same goes with $Shake Shack (SHAK.US)$ few days ago.
Good earnings definitely can boost your entire portfolio.
$Sweetgreen (SG.US)$
They have tons of locations all over USA. I was surprised to find some even up here in the north.
Grab a dip and enjoy the ride. They are still growing rapidly with 24-26 new stores in 2024. They also intend to open 9 automated locations to address labor costs.
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