Oatly, a Swedish company specializing in the production and marketing of plant-based food and beverage products, predominantly centered around oats, has been under heavy fire selling since IPO despite the overall growth of plant-based products and increased demand for alternatives to traditional dairy.
The chart above illustrates the OATLY stock price in a logarithmic scale, indicating a current attempt to break free from the descending channel established since July 2021. This breakout is anticipated to pave the way toward filling the open GAP within the $1.90's to $2.20's zone, from there, pull backs to hold above $1.30's and continue higher towards the $4 supply zone.
The chart above illustrates the OATLY stock price in a logarithmic scale, indicating a current attempt to break free from the descending channel established since July 2021. This breakout is anticipated to pave the way toward filling the open GAP within the $1.90's to $2.20's zone, from there, pull backs to hold above $1.30's and continue higher towards the $4 supply zone.
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.