Potential retrace to ~ $15 area, before a move higher ..$CAKE broke out of an Adam & Eve double bottom, and is now forming a bullish pennant on lower timeframes (6h and lower, and even somewhat on the daily chart).
Though volume seems low, and the stochastic RSI is showing potential bearishness.
There's a good probability we break down out of the pennant, for a small correction before moving up towards previous ATH of ~$21.45 and then higher.