Here's a chart I worked on last night. It's a little busy but basically just a value stock (Grocery store here in the states) that might be worth a look. Cheap valuation, high dividend, trading down to what i view as potential support. Interesting contrarian play versus the "amazon is taking over the world" thesis.
I don't own yet, but may work on a trade in the new week and of course i could be flat wrong, so i'd either stop myself out or re-evaluate if it trades down to $19.50 or so.
I don't own yet, but may work on a trade in the new week and of course i could be flat wrong, so i'd either stop myself out or re-evaluate if it trades down to $19.50 or so.
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