CalMain Foods (CALM) Analysis
SUMMARY
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thanx for info
In the last 20 years, the total return of CML is 21% / year. The reason for this is that they are low-cost producers in the commodity business. This is the main reason for buying a CM. I try to give it a little time through the cycle.I'm now fully long.
I understand your fundamental analysis. However, Elliott Waves states that news or events shall arrive to justify the forecast. Maybe there will be a botulinum food poisoning incident, maybe quality might temporarily suffer...who knows what the reason...or profits decline. IF the red C decline is approaching and once it starts, news will flood the reels to try and explain why. And yet, we knew of that projection much in advance prior to any news or events.
upvote for me please? https://steemit.com/news/@bible.com/2sysip
calMain Foods good analysis
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Nice post
Good luck
can't understand what you means,absolutely
very helpful analysis informative thanks for the share mate @haejin
Watch this btc -usd oneday chart . Symmetrical Triangle patterncreate
Try and match that with volume and it'll look better. Symmetrical triangle is supposed to count ABCDE also. Maybe also add MACD and you should see higher lows but price is making lower lows....this is actually bullish and for that its called a bullish divergence. So, what to do? Wait and be patient with discipline and let the next bull market cycle come to you. No need to chase it. Also, accumulate BTC at these perhaps once in a lifetime buying levels.
Upvote me too