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Powerzone

CAKE, divergence and explaination on where it would goCAKE's price is going up but the volume is low, this indicates a divergent situation. RSI is overpriced, this could be a phenomenon called power zone, where the price will keep going up due to retail's excitement. so, based on my analysis the price will keep going up until $46-47 and then going down to the trend line i draw. im using snr and trend line drawings, and i use RSI and Volume indicator for this analysis. i hope my analysis could help you to make your decision, best of luck to y'all
C
by papacan
11

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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