Lower volumes, steady price action – Should you still have CAKE?
So, you were hoping to see some tasty gains after scooping up some CAKE at its recent lows. Now you are wondering whether you made the right choice after it failed to cook up noteworthy gains. CAKE is still trading within its narrow range between $4.15 and $5, where it has been stuck for more than 2 weeks. This, despite the bullish activity seen towards the end of May. While CAKE did register an uptick by as much as 15%,...