FAMI trade ideas
$FAMI Farmmi Inc Current Resistance
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$FAMI SHOWING BEAUTIFUL U PATTERN #BLESSEDPIPS Stocks looking like cryptos U pattern a few months ago. The market only repeats itself in different forms and in different markets. Be ready!!
Cannabis stocks ready to surge!!!
#BLESSEDPIPS
$FAMI - What a Beaut!Beautiful cup and handle forming on the 1hr for this bad bad baby.
Handle forming today with some selling
$FAMI Gann Wave Farmmi, Inc., together with its subsidiaries, processes and sells agricultural products in China, the United States, Japan, Canada, Europe, Korea, and the Middle East. The company offers shiitake and Mu Er mushrooms; and other edible fungi products, including bamboo fungi, agrocybe aegerila, pleurotus eryngii, grifola frondosa, coprinus comatus, and hericium erinaceus. It also operates Farmmi Jicai, an online store that sells edible fungi products under Forasen and Farmmi Liangpin brands. The company offers its products to restaurants, cafeterias, and local specialty stores, as well as through distributors. Farmmi, Inc. was founded in 2015 and is headquartered in Lishui, China.
FAMI I don't post my ideas but recently felt like it would be a nice way to engage in some intelligent conversation. I'm open to ideas or suggestions on improving or even just other ideas on where a stock may go. FAMI I am in long.
Huge upside ..DaytradingGreat stock making runs for daytrading
min 300 shares
Enjoy
NOT A SWING STOCK OR INVESTMENT...daytrade alert only
FAMI: Price rejection after Gap upHigher price rejection after spike and gap up
May want to fill the gap
If confirmed
PT1 = 1,04
PT2 = 0,93
PT3 = 0,78
FAMI - FARMMI Fundamental AnalysisBased on Fundamental Analysis the idea is to go long.
Based on technical Analysis: Prices are moving sideways resting after a bearish trend.
Fundamental News:
LISHUI, China, Aug. 14, 2020 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced its subsidiary Zhejiang Forest Food Co., Ltd., has received new customer orders for its dried whole mushrooms and dried mushroom slices. The customer, an investment trading company, will export the mushrooms to the U.S. and Canada.
Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "These latest orders represent another positive development and reflect the long-term relationships we are focused on building. We are benefiting from increased global demand, as customers seek out healthier, organic foods. Mushrooms check all of the boxes, as a wonderfully tasting, fat-free, low calorie, low sodium, cholesterol-free nutritional food. We continue to leverage our team's decades of experience to ensure reliable, high quality, flavorful products. We are also leveraging our state-of-the-art facilities to increase automation and reduce human touch where possible. We are encouraged by the healthy demand levels we are seeing, which reflect an uptick in cook at home demand, where consumers buy ingredients and do alll preparations at home."
About Farmmi, Inc.
Headquartered in Lishui, Zhejiang, Farmmi, Inc. (NASDAQ: FAMI), is a leading agricultural products supplier, processor and retailer of Shiitake mushrooms, Mu Er mushrooms, other edible fungi, and many other sought-after agricultural products. The Company's Farmmi Liangpin Market serves as a global trading platform for Chinese geographical indication agricultural products and is one of the largest platforms for consumers to access locally sourced agricultural products.
New Customer Orders for Export to the U.S. and CanadaFarmmi Receives New Customer Orders for Export to the U.S. and Canada
has received new customer orders for its dried whole mushrooms and dried mushroom slices. The customer, an investment trading company, will export the mushrooms to the U.S. and Canada.
finance.yahoo.com
fami: still have lots of support beneath usLooking good for now. any dips should be met with conviction buys
Fami: everything going according to planI just feeling good about this one, should see a nice move up soon. Hard to say how far
fami: level of support that needs to holdyall wanting 55 cents and whatnot, but i dont think its bullish if it gets that low. To maintain the uptrend i really would like to see 60 cents hold. That would still be a bullish higher low.
Receives Additional Repeat Order for Distribution in IsraelFarmmi Subsidiary Receives Additional Repeat Order for Distribution in Israel
has received an additional repeat order for distribution of its Shiitake mushrooms and black fungus in Israel.
finance.yahoo.com
fami: levels of support and resisanceNice bounce from fami. It could head lower tho, to truly retest the earlier breakout. My money is at 50 cents or slightly under.
fami: breakout from descending wedge to six dollars I believe that fami has already broken out of a descending wedge and is now looking to restest the apex for support. This currently sits at around 50 cents. The extrapolated price target for a confirmed breakout would be a high of six dollars. Not all in one day of course, or maybe.
