#CAKE is trying to break out the falling wedge pattern on the daily chart. The next resistance level is MA200, which is around $3.00 level
In case of a breakout, the targets are:
$3.490
$3.825
$4.160
$4.574
$5.243

We are bullish on it.
Chart PatternsTechnical IndicatorsTrend Analysis

Haftungsausschluss