FOOD Tested Lower Trendline
FOOD.TO has been trading very technically since March 2020 (respecting trendlines, Fibonacci retracements, etc.).
It recently tested it's lower trendline and bounced off.
The fundamental analysis is solid, so I have been adding at the lower trendline.
For a higher percentage trade, you can wait till it breaks the red resistance line.
It recently tested it's lower trendline and bounced off.
The fundamental analysis is solid, so I have been adding at the lower trendline.
For a higher percentage trade, you can wait till it breaks the red resistance line.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.