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...
Ending my posts of major themes to look for in 2021, I want to end with the agricultural commodities. Particularly Corn, Wheat and Soybeans. The agricultural commodities are some of my favorite assets to trade, and I do not think many people pay too much attention to them. I focus on the three mentioned above, but you can also trade sugar, coffee, cocoa, orange...
I am not licensed or certified by any individual or institution to provide financial or investment advice. I believe Kroger (KR) is in a downtrend. I have marked what I believe to be the support and resistance with purple trend lines. As of this writing (December 30, 2020 4:00pm) I am not in any positions, bearish or bullish, in KR. If KR continues up to the...
We 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...
Hope everyone had a great Thanksgiving if you're in the US! What better way to recover from a food coma than to analyze a food stock? I'm comfortable with traders being bullish on NASDAQ:BYND to retest the 2020 high so long as it holds the post-earnings low. There is clear price action to structure a trade where your risk and target needs to be. So loosen up...
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...
THE VERY GOOD FOOD COMPANY INC Valuation Market Capitalization 141.162M Enterprise Value (MRQ) 55.25M Total Shares Outstanding (MRQ) 73.141M Buy now, thank me later.
Chipotle 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...
Clear blue water now for the upside after clearing resistance originally established in August 2015? Wait and see.
Will Nomad breakout or form another shoulder to match the other side? Time always tells.
This stock is breaking an all time high. How high do you think this stock will go to? They recently broke their earnings estimate by a staggering 194%. Any Thoughts?
This 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...
$WMK will try to break $49.84. To confirm the double bottom needs to hold above it. 12 months Consensus Price Target: NA if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Tickeron 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...
GOING LONG TYSON. MIGHT HOLD TO $80 RANGE GOOD LONG TERM INVESTMENT *NOT INVESTMENT ADVICE.. DO YOUR OWN DUE DILIGENCE
I predict that MKC grows by 4% to $179.89 or more within the next month. Keeping in mind similar previously-analyzed scenarios where the stock trended up during the month, the odds of an Uptrend continuation are 89%.
#pnsut is ready for take off as most of the indicators signal for the upwards move. This week seems to be #pnsut's week!