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Bullboard - Stock Discussion Forum Goodfood Market Corp T.FOOD.DB.A


Primary Symbol: T.FOOD Alternate Symbol(s):  GDDFF | T.FOOD.DB

Consumer Defensive Specialty Retail Grocery Stores
Goodfood Market Corp. (Goodfood) is a Canada-based company, providing digitally native meal solutions brand. The Company is engaged in delivering fresh meals and add-ons that make it easy for customers from across Canada to enjoy meals at home every day. It provides access to fresh and delicious products, as well as exclusive pricing, made possible by its culinary team and direct-to-consumer... see more

TSX:FOOD - Post Discussion

Goodfood Market Corp > Double Top?
View:
Post by Gringotts on Jan 05, 2021 1:48pm

Double Top?

FOOD has to push through the $12.75 level it reached a couple of days ago. If it doesn't, I fear a double top and perhaps a pull back to a previous support level of about $10.80. Regardless, I am still very bullish on this stock. If it does pullback, I believe it would be short lived.
Comment by Gringotts on Jan 06, 2021 9:56am
No Double Top for Food!!!
Comment by Analystika on Jan 06, 2021 11:03am
Absolutely now.  Is it just me or is this latest run starting to get a bit silly? Lol. 
Comment by Analystika on Jan 06, 2021 11:34am
make that "absolutely not", lol. 
Comment by Gringotts on Jan 06, 2021 1:50pm
Analystika, I agree that the current run is getting long in the tooth. A pullback is inevitable and consolidation is needed. I just don't know if it will happen before or after quartely results. 
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