CAKE will have a comeback now we got positive covid news. Buy some shares and keep buying more as it keeps climbing.
CAKE earnings is today, 10/29 at 5pm. This is a good 11/20 expiry strangle play imo. Good luck and happy trading friends... Check out my price and volume indicators: Fibonacci MA7: Fibonacci VIP:
Hey people, CHEESECAKE FACTORY is in a bearish dynamic fake with high volume traded late in the session and a hammer bear candle. On the TIMEFRAME M1 we can see a star gravestone, which is placed on a strong support. And it may be that its is just a test, or that its breakage to find a low point to restart its rise. Great likelihood of breaking the VWAP back to...
Potential Bull-Flag breakout imminent , dependent on stimulus approval. Alert set for $29.75. Upside target $32.00 short term $35 longer term Indicators in very bullish reversal Golden cross complete
Strong bounce off the 200ma which is now back-tested as support. Potential long on a break above $31.50 Upside target $35. Major pivot point should act as major resistance
AS LONG AS CAKE CAN HOLD OVER 30.41 IT CAN MAKE A MOVER HIGHER TOWARDS 33.50. TRADE IDEA: 35C 9/18 BID/ASK: .55/.60
$cake looking to breakout this week, ducc targeting the square up at $41.20
The Cheesecake Factory 1 Month Chart Buy & Hold A Profit & Solutions Strategy
Possible reversal setting up in CAKE next week. Heavy selling last week found support on the Fibonacci Golden Pocket and the Point of Control (redline) If thsi levels fails to hold on Monday the rising Fibonacci channel will be the next level to watch. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
Here is an easy ta for CAKE longterm RSI signals buy MACD signals buy Support around 20 mark Resistance around 24 mark Reopening economy and restaurants and with that positive expectations about sales could be an good entry. First profit could take around 24 mark, for long-term watch around 40 mark. Good luck for your trading Any comments are welcome :)
CAKE is one of those beaten down stocks that is still lagging behind the rest of the market. I don't think this "recovery" is fundamentally sound, but if RUT & SPX continue to go higher towards the ATH, CAKE might catch up as everything rises with the tide.
Afterhours Announcement Cheesecake Factory sees reopening 65% of closed dining rooms by mid-June 16:16 CAKE The Cheesecake Factory Incorporated provided a business update given the ongoing COVID-19 pandemic. The company began to reopen dining rooms across its concepts the second week of May. As of today, approximately 25% of the company's restaurants across its...
Very interesting levels with VERY high volume to focus on DURING these lows. Volume is heavy, and it is finally breaking upwards. Looks like it will pass this next test and go big. That is my focus for this upcoming move, will be looking to accumulate. I will update this as we go forward, but with news of reopening and you bet ya 99999% customer growth will...
Starting a small position in $CAKE. RSI and P/E ratio near 2008, +7% dividend yield, recent $200M investment. Good luck to all, stay safe. - C