CAKE has a short candidate

CAKE on the 30 minute chart shows suggests as a short candidate including death crosses as well

as a loss of strength on the RSI indicator. I will short CAKE and investigate put options for

sufficient volume and level of implied volatility.

Commentaire:

CAKE fell enough to move stop loss down to break even. Watching for more.

Trade fermée: ordre d’arrêt atteint:

trade closed and reopened as a long trade !.

Transaction en cours:

Moving higher. 25% of long position closed to take profitl.

Transaction en cours:

Another move higher so another 25% of the long position closed.