$CLI - CROPLOGIC (CLI:ASX) - Making another run at resistance

$CLI - CROPLOGIC (CLI:ASX) - Making another run at resistance

Could be interesting. Company with significant agricultural expertise and technology applying this to their own product. In this case hemp and the CBD yield. Chart looks like there "might" be a quick 8-10% in it at least until resistance. Never know though, so make sure you run your stops :)

From a recent announcement:

CropLogic Limited (ASX: CLI) (CropLogic or Company), the award-winning global agricultural technology company providing cutting-edge technology to growers for decision support, is pleased to provide an update on the Company’s Industrial Hemp Trial Farm in Oregon, USA (Trial Hemp Farm). The Hemp Trial Farm project is operated by CropLogic’s wholly owned subsidiary, LogicalCropping, and is designed to apply CropLogic’s technology and agronomy expertise to improve production and CBD yield. As hemp biomass is sold based on CBD content, any increase in CBD yield increases CropLogic’s clients bottom line.

Comment:

Smashed through it.