$FOOD next target up if breaks out
Updated
Relatively new company delivering meals and leading the industry, covering all the P's to the T. Doing very well since Covid19.
Assuming is can breakout from here and continue this run, next target would be in the 13$ range for the retracement down to be logical.
If lockdowns persist, this can go higher. Winter and holidays are most definitely increasing sales and should have a good Q4 & Q1.
If the meal delivery culture we've been seeing can be sustained into post pandemic society, then
FOOD will lead the charge.
Assuming is can breakout from here and continue this run, next target would be in the 13$ range for the retracement down to be logical.
If lockdowns persist, this can go higher. Winter and holidays are most definitely increasing sales and should have a good Q4 & Q1.
If the meal delivery culture we've been seeing can be sustained into post pandemic society, then
FOOD will lead the charge. Trade closed: target reached
And there you have it
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