FOOD.TO recently broke the red trendline with a retest. Now would be a good entry point. It is also at risk of a Head and Shoulders pattern if it does not break past the horizontal orange line. Hopefully it will re-enter the uptrending, blue (log chart).
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.
