CAKE on the 30 minute chart shows suggests as a short candidate including death crosses as well
as a loss of strength on the RSI indicator. I will short CAKE and investigate put options for
sufficient volume and level of implied volatility.
as a loss of strength on the RSI indicator. I will short CAKE and investigate put options for
sufficient volume and level of implied volatility.
Comment:
CAKE fell enough to move stop loss down to break even. Watching for more.
Trade closed: stop reached:
trade closed and reopened as a long trade !.
Trade active:
Moving higher. 25% of long position closed to take profitl.
Trade active:
Another move higher so another 25% of the long position closed.