Expect an inflection in price action on $CAKE 5/22/22With the intersection of trend lines, often see a peak hi/low.
3.28%
1.76USD
43.123MUSD
3.303BUSD
47.181M
About The Cheesecake Factory Incorporated
Sector
Industry
CEO
David M. Overton
Website
Headquarters
Calabasas Hills
Employees (FY)
47.5K
Founded
1972
ISIN
US1630721017
Cheesecake Factory, Inc. engages in the operation of restaurant chains. It operates through The Cheesecake Factory, North Italia, Other FRC and Other segments. The Cheesecake Factory segment offers appetizers, pizza, seafood, steaks, chicken, burgers, small plates, pastas, salads, sandwiches and omelettes, and a selection of gluten-free items. The North Italia segment specializes in Italian cuisine. The Other FRC segment includes brands acquired from Fox Restaurant Concepts. The Other segment consists of the Flower Child brand, along with other businesses. The company was founded by David M. Overton, Oscar Overton and Evelyn Overton in 1972 and is headquartered in Calabasas Hills, CA.
CAKE set up for Profit Run Monthly, Weekly, Daily should be hugeThanks to Savvy Sean for finding this and asking me to chart it... I havent seen a monthly that was this ready and in line with weekly and daily at the same time....so This should be a huge move. I got 1 110 day and 3 43 day option plays on this.... plan on pulling some profits the first sign of w
CAKE Supply and Demand$CAKE range bound in between supply and demand. Watching for a breakdown below support for a short entry.
could be a huge opportunity for cheesecake factorythis stock has done well since the early 2000s. every time weve been in a bear market it has recovered to new highs. if we see another bull montly reversal pattern form here we could see thisprice over $60 someday soon.
dlowni would short it all the way down real long term option style 6months close breakeven in the money. i lost shorting this doing weekly out the money.
8/30 CAKEthis is a weekly chart on CAKE
(1) re-test finished last 2 weeks
(2) aim a swing play targeting yellow gap unfilled above
ADDED to $CAKE NEW Target 59.88 for 21.31% $CAKE Target 59.88 for 21.31%
Or next add level at 42.71
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1%
CHEESECAKE TendiesCheesecake Factory has painted a nice bull flag on the daily and weekly time frames.
I do not intend to trade this. I am simply posting this for educational purposes as CAKE will be one to watch in the coming days and weeks.
🟢 NEW POSITION $CAKE Target 62.72 for 20.15%🟢 NEW POSITION $CAKE Target 62.72 for 20.15%
Or double position at 1.68
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed
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