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CAKE - Possible bullish flag breakout coming!
CAKE
Long
CAKE - Possible bullish flag breakout coming!
By mattdim805
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May 5, 2021
7
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2
May 5, 2021
CAKEUSD
CAKE is forming a classic bullish flag a breakout imminent with strong potential for an upside breakout around May 10th.
If we break through the resistance we faced at $44.21, I'm setting our first target at $72.71.
However, my fib retracement did put our top target at $131.41
What do you think - am I onto something? Drop a comment and let me know your thoughts!
Bullish Patterns
Bullish Flag
CAKE
Chart Patterns
Flag
mattdim805
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