Local Bounti Corporation grows fresh greens and herbs in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.
The season has begun - seems like corn has bottomed, broken the downward correction, and is now beginning to overcome the different MAs.
According to the seasonality, we should see the high in corn around June-July next year. I expect therefore at least the reaching of the former high at 3.15 EUR.
But you should of course take a deeper look at the underlying...
$TSN is trying to hold above both 50SMA and 20SMA. To start an uptrend it needs to get above $63.19. after that the target price will be $74.50
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