Get started

FOOD

Indication of price movement Q1 2021, AholdWe can see a symmetrical triangle forming on the charts of AHOLD. This can lead to a breakout or breakdown. In my personal opinion i think we will see a breakout, taking into account COVID-19 and AHOLD's strong position in online retail with 'bol.com'(Notoriously used by dropshippers), revenue growth is very likely. Also the strengthening of their position on the US market within the niche of fresh groceries deliveries is a smart move IMO. Giving the hype and attention to a increasingly healthy and sustainable lifestyle, the acquisition of FreshDirect based in the state of New York gives AHOLD a nice incline within that market segment. Fundamentals are strong and BETA is low. As of writing date dividend levels stand around 4%. Overall: Nice defensive stock with increasingly growth potential.
EURONEXT:ADLong
by Borntowinn
Waitr Going up more?!?!?!Waitr currently has a very similar setup to what it had earlier in the year, when it already started spiking but volume didn't spike super hard yet, but right when it hit support volume spiked super hard and the stock went significantly into the overbought. I think that it is possible that today it will come down to $3.5 or so maybe $3.4, but then have a real strong rally to the upside over the next month. But for this to happen I think we need rumors of a merger again, so this is definitely not a guarantee. Thoughts?
WLong
by TeenInvesting
2
Chipotle Mexican Grill Probes Old HighsChipotle Mexican Grill has been a slow-and-steady gainer in 2020. It was already investing in its online model before the pandemic, and that decision paid off handsomely as the country went into lockdown mode. CMG formed a bullish triangle in July and early August. It then broke out and surged to new all-time highs near $1,400 before rolling over with the rest of the market. This has brought CMG back to the top of the old triangle around $1,190 and its 50-day simple moving average (SMA). The shares may chop around and even potentially test $1,100ish if the S&P 500 keeps struggling. However, that might provide opportunities for buyers. CMG has one of the cleaner charts because it broke out to new highs recently without getting too overbought (like many technology names). It’s also interesting fundamentally, with the potential to benefit from either coronavirus returning or abating. Traders may want to watch it between $1,100 and $1,200, depending on their take of the broader market. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
NYSE:CMGLong
by TradeStation
Venkeys Daily Chart ResistanceThis is a pretty important resistance for Venkeys. The stock has a tendency to retest 1000 levels. The last time such a retest happened, it broke out of an upper circuit spree. This time around, the candles do not inspire confidence as the most recent three indicate a fair bit of choppiness. Volumes appear to be fairly good and momentum seems sufficient to breach resistance, too. However, it remains to be seen how the stock will react given broad-market cues. As a frozen foods stock, demand should hopefully remain evergreen, with production ramping up due to Unlock 1.0. Once this resistance is breached, we might see a slowdown at 1330 or so.
NSE:VENKEYS
by MarketsWithKR
BYND was a top gainer,rising +112.91%.Expect Uptrend reversalTickeron AI shows that Beyond Meat (BYND, $151.38) was one of top quarterly gainers, jumping +112.91% to $151.38 per share. Tickeron A.I.dvisor analyzed 13 stocks in the Food: Major Diversified Industry over the last three months, and discovered that 13 of them (100%) charted an Uptrend while none of them (0%) trended down. Tickeron A.I.dvisor found 62 similar cases when BYND's price went up 15% within three months. In 40 out of those 62 cases, BYND's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for BYND are 65%.
NASDAQ:BYNDLong
by AlTorress
GRIL: $2.84 Short Target + Long PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into my key points. GRIL recently went into the market at what some may call wrong timing for the restaurant era. This is due to the Covid period, which is likely why they are suffering a really bad bearish run right now. (Talk about IPO'ing at the wrong time). However, compared to competition, they have A) Much higher growth potential B) Right now the resistance isn't as high as it still could be given the time period we are in. The market cap is small, but after the 3.45% growth today and seeing that there is still price correction potential, I have my hopes up.
GShort
by gamer456148
WINGSTOP still looks extremely bullish going into earningsLook for the next candle on the MACD to be a lighter red color take the buy seems like it might get created on Monday morning around 10am If Wingstop sells off a bit and a new MACD lighter red candle gets created buy in more than likely its going to beat earnings and gonna keep skyrocketing as long as people are inside and Q2 earnings for every other company is on the downside then youre good on buying WING for earnings and until Q3 when a sell off might happen IF people start going back their jobs and this whole corona virus is over by Q3 earnings around September to make a long paragraph short, Buy WING until Q3 announcements or when states start opening up again then when everything begins to start going back to normal, sell everything and expect a huge sell off
NASDAQ:WINGLong
by mandujanotony31
Beyond Meat - $BYND - Low Risk Channel PlayBeyond has gained major traction after COVID-19 and China's opening as well as solidifying deals with large corporations like $SBUX and others. With COVID-19 and the recent news of issues with supply chains regarding meat production we saw a major move to the upside last week. I believe we will see a large correction in the coming week, however I do believe the long-term outlook on $BYND to be quite bullish. In the short-term, restaurant related companies are still struggling and this should have a major affect on the stock, a high-probability short is in play targeting the $80 area.
NASDAQ:BYNDShort
by sphen