CAKE on a 30-minute chart with a set of VWAP band lines anchored back one month shows
the cycle of a trend up from a good earnings report into the uppermost band lines followed
by a retracement down to the slowly rising mean VWAP where after consolidation and
testing of that support, price has begun a new trend up. This is confirmed by EMA line
convergences...
TXRH is here on a weekly chart with a linear regression line overlaid along with a Keltner
Channel indicator. Below the chart is the Chop Zone indicator. TXRH has been in a trend up
for more than six months. There were corrections in January and April. I conld suppose
another correction may occur in July whne trading volumes are lower for the summer.
In...
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.
