OG is fundamentally strong/profitable company. Filled the .56 gap today and forming an early bullish-biased Double Bottom pattern. MACD is curling for a potential bullish cross.
OG (Organic Garage) is reporting 12th consecutive month of sales growth. It has just announced entering plant based cheese and butter market which is a multi-billion dollar space. Chart is primed for another leg up following the bullish MACD cross and gap fill yesterday.
Again being a penny stock we need to understand out risks here with how they can play out. If the bust they bust, you loose a chunk of coin. Now this company is based in Ontario and has multiple locations around the GTA and is finally pulled some great numbers in Q2.
Q2 Financial Results (comparison to quarter ended July 31, 2019):
- Sales increased 29% to $8.1...
Conflict of interest: I am myself invested in this company, so please make your own research.
This is just a documentation of my opinion and not any kind of investment advise, thank you!
Organic Garage is the next Wholefood of Canada imho,
the CEO learned at his grandparents shop from child on,
had 3 Subways under his leading at the age of 20 and i think...
Organic Garage Ltd. engages in the sale of natural and organic products. It offers grocery products, meat, bakery, vitamins and supplements, and health and beauty. The company was founded by Matt Lurie on December 7, 2005 and is headquartered in Toronto, Canada.
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