There's resistence going back 5 years that has been broken and now the stock is resting on top of it. The price refuses to break below the 50% Fib level of the total chart pattern. Double bottom was put in during 2020. Now it's in a bit of a megaphone pattern, easily moving between $10 and $13 (and then maybe back down again?).
As far as I can tell this is the only pure play seafood processing stock that you can get on the OTC. High Liner own a ton of brands in North America and their parent company Clearwater Seafood is the largest shellfish producer in North America.
Rising commodity prices and increased transportation costs are arriving hand-in-hand with soaring demand as lockdowns end, putting value into established suppliers of commodities. This is one to watch.
As far as I can tell this is the only pure play seafood processing stock that you can get on the OTC. High Liner own a ton of brands in North America and their parent company Clearwater Seafood is the largest shellfish producer in North America.
Rising commodity prices and increased transportation costs are arriving hand-in-hand with soaring demand as lockdowns end, putting value into established suppliers of commodities. This is one to watch.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.