$JK bouncing back strong After testing all-time historic lows, shares of JustKitchen have made a strong ~10% bounce. As prices rise to re-test the 50MA, I’ll be looking for a cross over the 50MA, coupled with a rise in relative volume to support a possible reversal in price action.
$JK has been regularly announcing expansions and partnerships with the most recent being with REEF to launch DJ Khaled’s Another Wing in Taiwan and Hong Kong markets. With the goals of $JK’s recently appointed advisors being to push the companies expansion and acquire international brand partnerships, it looks like we’re seeing those goals met.
I’m looking forward to seeing quarterly results from $JK.V and also hearing more reports of expansion and partnerships. Shares of $JKHCF are currently trading at $1.14 and the company is valued at an MCAP of $85.66 million.
https://ceo.ca/@newswire/justkitchen-and-reef-enter-agreement-to-launch-dj-khaleds