$JK shares saw a big jump end of day Thursday Shares of Just Kitchen Holdings saw a big jump the end of the day Thursday, followed by some selling Friday, driving share prices back down to around $1.44.
Stochastic indicators are approaching a buy zone, as well as the multi-day MA. RSI is currently stable and JK announced last week their expansion into 3 new areas in Taiwan. Volatility looks to be increasing, so hopefully we can see a strong push past the resistance prices are seeing at $1.51.
The ghost kitchen industry is looking to see some huge growth in the coming years, so I’m watching shares of $JK closely as they continue to secure a larger share of the Asian markets.
$JK.V is currently trading at $1.46 and is valued at $109.71M.
https://ceo.ca/@newswire/justkitchen-adding-three-additional-ghost-kitchen-locations