CAKE got rejected hard around the $25 resistance area and has been in accumulation mode for over 50 days now. $17 support area is holding strong with Stoch RSI giving oversold signal. It's not a textbook cup and handle pattern but the chart looks good overall.
It's one of the safest passive income play out there. If it goes lower, I'll DCA around $10 - $12 while my current hold sits on 75% APY.
It's one of the safest passive income play out there. If it goes lower, I'll DCA around $10 - $12 while my current hold sits on 75% APY.