stephanelibatd

CHEESECAKE FACTORY Strategy

Short
NASDAQ:CAKE   The Cheesecake Factory Incorporated
Hey people, CHEESECAKE FACTORY is in a bearish dynamic fake with high volume traded late in the session and a hammer bear candle. On the TIMEFRAME M1 we can see a star gravestone, which is placed on a strong support. And it may be that its is just a test, or that its breakage to find a low point to restart its rise. Great likelihood of breaking the VWAP back to the last highest breakout the trend range, then to reach the one above. Two higher past the first is on the TIMEFRAME 4H the second on the Daily and test the trend range.
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