Broke out of different price patterns: 1. Descending channel (white lines). 2. Falling wedge (orange lines). 3. Inverse head and shoulders. Strong signs of bullish reversal: 1. Above the 0.236 fib level. 2. 13 (yellow line) and 21 (green line) ema crossover. 3. Green heikin-ashi candles. 4. Hull ehma green trend. Keys to lookout for: 1. Stop loss on the local...
CAKE is fundamentally and technically bullish. Chart with measured targets from the cup.
Entry on the breakout of the cup & handle pattern. Stop loss on the 0.235 fib line. Take profit on the estimated line of the cup.