FFB trade ideas
FFB ; Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
IS FARM FRESH GOING TO CONT ITS UP TREND?Very atypical Re-accmulation Pattern with Spring -Type Action
Supply drying up, with exception Bar & its vol on 5/4/24
Risky entry - Too early probably
Position initaied as attahced
Pure Wyckoff
FFB, looking base?Base on weekly chart, potential for it to rebound?
>> price trade below Hull MA.
>> Awaiting market maker to push.
Let see what happen next.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
FFB - The Primary Base + Double BottomFFB base has developed for 121 days since IPO on March. It also formed a double bottom.
Recently the chart pattern showing higher low with contraction 5% and <3%.
Resistance at IPO price 1.70 (red line). Need solid breakout for entry confirmation. Let's monitor.
Disclaimer:
Not a call buy suggestion, just my personal analysis based on chart pattern and trend analysis. Trade at your own risk.
Farm Fresh Bhd - a candidate for defensive playAs proxy for defensive sector play, we choose Consumer Staple and new-IPO company (growth consideration as added value). The price is the lowest range since IPO, so we think the value has emerged for accumulation and will monitor the progress.
FarmFresh - Investing while recession knocks on the doorRecession is around the corner and nasdaq is looming around a bear market.
whats the best thing we could do if recession hits ?
Low spending power on material things, for FFB its food staples, something important in our daily lives.
warren buffet did not invest in milk companies but in his portfolio there is a small percentage of food staples companies. to hedge against inflation i do not think farmfresh is a bad company to invest in this period.
have anyone saw the inflation of milk already ?
increase in operational cost of FFB will transition to the end users. We do not have choice but to accept the inflationary of goods.
many of the article will say we cant run away from milk, coffee, milk power, yogurt , which is partially true
From TA point of view E1 and E2 is a good collection point :) And trend broken out from downtrend line. we will retest the downtrend line at 1.655
25thMay2022
(UOB) - TP1.82
(maybank) - TP1.95
average of 5 million traded per day is very much small for a huge upside on FFB
Farm Fresh milk is DeliciousI like the taste of Farm Fresh Milk especially the Caffe Latte. Worth to buy. Trust Me.
