Buying this asset anywhere under 10 cents seems like a bargain to me as i believe we will in the mid-term future see this asset rise back to pre 2019 Bankruptcy levels on the weekly as the company has still been around and selling goods ever since and therefore has great potential for a recovery given that it formerly was the third largest dairy company in the US.
As seen on this weekly chart here we appear to be breaking out of a falling wedge and back testing the neckline of a double bottom looking structure with plenty of bullish divergences to back it up I would surely be buying and holding this asset for the long run:
As seen on this weekly chart here we appear to be breaking out of a falling wedge and back testing the neckline of a double bottom looking structure with plenty of bullish divergences to back it up I would surely be buying and holding this asset for the long run:
