Tattooed Chef, Inc., a plant-based food company, produces and sells a portfolio of frozen foods. It supplies plant-based products to retailers in the United States. The company offers ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, and plant-based burgers. Its products are available in private label and...
Tattooed Chef
Short Term
We look to Buy at 6.05 (stop at 5.72)
Preferred trade is to buy on dips. 6.00 has been pivotal. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Previous support located at 6.00. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit...
Tattooed Chef
Short Term
We look to Buy at 5.96 (stop at 5.65)
We look to buy dips. 6.00 has been pivotal. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Previous support located at 6.00. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be...
Tattooed Chef - Short Term - We look to Sell at 12.92 (stop at 13.77)
We look to sell rallies. Posted a Bearish Shooting Star formation. 50 1day EMA is at 13.25. Previous resistance located at 13.00. We look for losses to be extended today.
Our profit targets will be 11.05 and 9.65
Resistance: 13.00 / 15.00 / 20.00
Support: 11.00 / 10.00 / 9.00
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