Technical analysis by TraderASY about Symbol CAKE: Buy recommendation (3/6/2024)

* Cake is sitting on weekly support. * Possibility of cup & handle formation 1d: Bullish trend strength: 21 MA7 > MA25 > MA99 MA50 > MA100 > MA200 Supertrend is long Price > MA50 Chikou Span > Price Bearish reversal potential: 15 MACD Bearish Cross DI+/ DI- Bearish Cross Bearish Engulfing 3D: Bullish trend strength: 32 MA7 > MA25 > MA99 Supertrend is long Price > MA7 Price > Tenkan Sen Price > Kijun Sen > Kumo Chikou Span > Price MACD > 0 Bearish reversal potential: 1 StochRSI OverboughtCake is doing great. Up %7Cake is sooo delicious. Up %10Eat my cake please. Up %22%30 and going