Shake Shack (SHAK) shares are coiled in a tight Bollinger band squeeze pattern and popped Monday above the monthly POC to close strong on highs and now nearing a explosive breakout above 57 top of value. SHAK held the recent gentle pullback to large support at the 200-day EMA near 54 and now poised to pop to 60 or beyond as it has a VPOC target at 61.50. A close under 54 would be a prudent stop for the name with the higher short float of near 8%.