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Rightsidetrading
Jun 16, 2017 4:52 PM

$CAKE Not Good For You! Short

The Cheesecake Factory IncorporatedNASDAQ

Description

Chart of CAKE is not looking good...You might get sick from too much cake...be careful

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CAKE Dipping below June's low. Not a good sign. Overall big picture still no improvement. Take profits, exit while there's still time.

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It was all in the chart. Learning to read what the chart is communicating makes all the difference.
Comments
Rightsidetrading
CAKE still not showing any signs of improvement. Hold the shorts, take your profits.
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