Long
MEAT & POTATOES...BREAKOUT IMMINENT ON FOD !!!
Updated
Nothing complex or sophisticated about this post.
Just a regular 'plain Jane', 'meat and potatoes' Breakout imminent.
Could be VERY explosive with any positive announcement on further orders from China or anywhere ATM for The Food Revolution's proprietary Hand Sanitiser - "SANICARE" and anti=COVID-019/anti bacterial personal hygiene products .
The Chart is pretty easy to interpret, the dark blue arrow-ed dotted line shows my prediction as to timing of Breakout - so if not tomorrow at end of week, perhaps early next week.but get in now to avoid spilt milk..!
Also, another big reason to pull trigger now for Entry is that Price has dribbled back to previous lows that were rejected by Market from going any further SEVERAL TIMES ALREADY. I am betting the same will happen here so 3rd time rejection at $ 0.055c.
Thus I AM a BUYER at this juncture. Order is IN MARKET and Im positioned at number 10 in queue and should get filled pretty early in session I suspect.
How high it will go is more difficult to be precise on breakouts but that BIG LIGHT BLUE TRIANGLE looks like a MASSIVE Descending Wedge/Pennant a top a Flag Pole formation so that may give you some pointers as to
predicting the price action if you are planning on a quick short term trade that could Net you +100% over a very short Investment Horizon.
I AM in for Medium/Long Term on this one anyway as the business has many great things going for this odd, hotchpotch of a Company that bottles/packages everything from Hand Sanitiser/Personal Disinfectants thru to "New Age' hipster type healthy food products, Premium Fresh Australian Fruit Juices to Premium grade Canola Oil [considered a Luxury item in China.]
While most product is ultimately destined for the increasingly wealthy and health conscious Chinese Market, the FOOD REVOLUTION GROUP have a well and long established footprint here with healthy, ongoing commercial
arrangements with all Major Food Retailers in Australia; Coles/Woolworths/Safeway/IGA which stock their premium "Black Label Orange Juice" brand and their "Kombucha" hipster food sachets and very hipster type drinks made of
exotic healthy ingredients guaranteed to put a Man-Bun atop your head with just one sip..! Aaahhhh give Me a Red Bull and a stiff Coffee any day..!
Seriously now...this is just waiting to explode to the upside especially considering they have recently appointed a new CEO of vast, high level, global Food Retail & Marketing experience in the much larger UK, EU and South Africa Food Retail Markets.
Whether your in for a quick buck or want to see where this Stock of GREAT PROMISE can go over the MID/LONG TERM, for the NEXT FEW DAYS ONLY you now have THE GOLDEN OPPORTUNITY TO BUY @ THE VERY BOTTOM or very close to it.
In my opinion this Penny Stock offers great VALUE FOR MONEY along with great potential, is well Capitalised, has ZERO DEBT, has excellent-priority access to Chinese Market, The Directors have been buying up BIG TIME recently, has just recently upgraded a large sterile bottling and packaging plant, expanding capacity significantly and unusually for such a cheap Share has a well established/consistent FREE CASH FLOW with Turnover in the $25 million range from just the Aussie Customer base. When China really gets cranking on there stuff then things will really turn lucrative.
Always DYOR.
FULL DISCLOSURE : I AM LONG ALREADY THIS STOCK AND JUST ADDED A RELATIVELY SIGNIFICANT AMOUNT TO MY HOLDING TODAY averaging down nicely in the process, thank you very much...
God Bless and stay safe.
CM.
Just a regular 'plain Jane', 'meat and potatoes' Breakout imminent.
Could be VERY explosive with any positive announcement on further orders from China or anywhere ATM for The Food Revolution's proprietary Hand Sanitiser - "SANICARE" and anti=COVID-019/anti bacterial personal hygiene products .
The Chart is pretty easy to interpret, the dark blue arrow-ed dotted line shows my prediction as to timing of Breakout - so if not tomorrow at end of week, perhaps early next week.but get in now to avoid spilt milk..!
Also, another big reason to pull trigger now for Entry is that Price has dribbled back to previous lows that were rejected by Market from going any further SEVERAL TIMES ALREADY. I am betting the same will happen here so 3rd time rejection at $ 0.055c.
Thus I AM a BUYER at this juncture. Order is IN MARKET and Im positioned at number 10 in queue and should get filled pretty early in session I suspect.
How high it will go is more difficult to be precise on breakouts but that BIG LIGHT BLUE TRIANGLE looks like a MASSIVE Descending Wedge/Pennant a top a Flag Pole formation so that may give you some pointers as to
predicting the price action if you are planning on a quick short term trade that could Net you +100% over a very short Investment Horizon.
I AM in for Medium/Long Term on this one anyway as the business has many great things going for this odd, hotchpotch of a Company that bottles/packages everything from Hand Sanitiser/Personal Disinfectants thru to "New Age' hipster type healthy food products, Premium Fresh Australian Fruit Juices to Premium grade Canola Oil [considered a Luxury item in China.]
While most product is ultimately destined for the increasingly wealthy and health conscious Chinese Market, the FOOD REVOLUTION GROUP have a well and long established footprint here with healthy, ongoing commercial
arrangements with all Major Food Retailers in Australia; Coles/Woolworths/Safeway/IGA which stock their premium "Black Label Orange Juice" brand and their "Kombucha" hipster food sachets and very hipster type drinks made of
exotic healthy ingredients guaranteed to put a Man-Bun atop your head with just one sip..! Aaahhhh give Me a Red Bull and a stiff Coffee any day..!
Seriously now...this is just waiting to explode to the upside especially considering they have recently appointed a new CEO of vast, high level, global Food Retail & Marketing experience in the much larger UK, EU and South Africa Food Retail Markets.
Whether your in for a quick buck or want to see where this Stock of GREAT PROMISE can go over the MID/LONG TERM, for the NEXT FEW DAYS ONLY you now have THE GOLDEN OPPORTUNITY TO BUY @ THE VERY BOTTOM or very close to it.
In my opinion this Penny Stock offers great VALUE FOR MONEY along with great potential, is well Capitalised, has ZERO DEBT, has excellent-priority access to Chinese Market, The Directors have been buying up BIG TIME recently, has just recently upgraded a large sterile bottling and packaging plant, expanding capacity significantly and unusually for such a cheap Share has a well established/consistent FREE CASH FLOW with Turnover in the $25 million range from just the Aussie Customer base. When China really gets cranking on there stuff then things will really turn lucrative.
Always DYOR.
FULL DISCLOSURE : I AM LONG ALREADY THIS STOCK AND JUST ADDED A RELATIVELY SIGNIFICANT AMOUNT TO MY HOLDING TODAY averaging down nicely in the process, thank you very much...
God Bless and stay safe.
CM.
Trade active
Jus' bumping along the bottom like a stone in a Riverbed.Management re-affirmed they are on track for $40 mill revenue target for this financial year, an improvement of 100% on last year's results @ $ ~20 mill and yet the stock just bumps along the bottom.
Not kvetching [complaining] really... gives me an extended opportunity to average down even further and get my all in cost to around first resistance @ 0.066.
When it moves I'll be well positioned to let it ride.
Trade closed manually
Update on FOD.Decided to act relatively swiftly and close this for a small loss.
REASON> I firmly believe the fundamental story has changed now that the mask of ideological decency has come off the CCP.
Unfortunately the 'China Story' as a growth driver for Australia is DEAD.
Irretrievable. Kaput!
Save for the few things China EXISTENTIALLY NEEDS of ours' :
Ie. our best in class Pilbara Iron Ore and Coal...
It's sadly ALL OVER.
Wheat, Barley, Beef, Wine, Seafood, Wool, Tertiary Education, Tourism all collateral damage of the Trade Wars, the worsening 'China vs. The World situation ' and the looming Cold War with the West which I rate has a >50% of becoming HOT over the ridiculous Sth China Sea claims of the CCP within the next 10 years.
None of this had to happen but it's seems [[[the International Socialists of Old]]] that control and fund the Chinese Communist Party just dont seem to learn.
Stuck in a by-gone era of "Right= Might" the fools at the CCP and their [[[Paymasters]]] are in for the beating of their Life.
All of Asia and West is united on the China issue now after their COVID Clown Act. Russia, their ONLY [superficial] ally doesn't give a toss for the Chinese and WILL jump ship & side with us when the shit hits the fan. Putin is an extremely intelligent Man and the greatest Statesman of our time in the truest sense of the word. The Man is not prone to foolish mistakes.
There is NO WAY in the World this winner [Putin], will back the 'Losing Team' in Beijing for some albeit, sizeable trade deals ie $400 Bn/10 years, gas pipeline deal.
He would full well see the benefit in ridding the Planet of this unpredictable, unfriendly and duplicitous Regime and more to the point of delivering a mortal blow to the faltering One World Government Plans of the International Socialist Overlords of which the Chinese dominance is an integral part.
My bet is Vladimir Vladimirovich will sleep even more soundly knowing a suitable replacement means a better, more reliable Trade partner, a better Global Citizen and a better System for the Chinese people within which to live. All elements of the Master Statesman's Worldview.
The 1.2 Bn +consumer demand will still be there, just with a far more palatable and co-operative leadership.
I'm up for the fight. Are you? It's coming make no mistake.
"Little Boys should NOT play with fire...in this case Little Men [with tiny,tiny penises] are in for the Cock fight of their worst, bloodiest nightmares.
Never be afraid or hesitate to ditch a position when the Fundamental outlook changes, even at a loss. Preserve Capital, move on to greener pastures and reload.
Always consider the Big Picture as paramount.
xCM
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