Ghost kitchen holdings company JustKitchen has entered into an agreement with REEF to launch DJ Khaled’s Another Wing in Taiwan Hong-Kong.
This is the first announcement I’ve seen from $JK.V that involves celebrity-endorsed products. I think this news is very exciting as it is direct proof of the work their newly-appointed advisors are trying to accomplish. With the goals of the advisors to onboard international food brands, it seems that they are also taking a highly publicity-centric approach to their operations.
With this news coming as prices of $JK are testing a key support level of $1.20, I’m expecting to see some stabilization, if not a reversal in price action. As the 50RSI is at an all-time low, I’ll be keeping a close eye on other indicators to show a bottom has been established in the charts.
Really happy to see that $JK is continuing its growth to end off 2021 strong. I’m expecting we’ll see more announcements regarding the companies expansion and onboarding of food brands in the coming weeks. I’m specifically watching for news on the progress of $JK’s planned expansion into the Japanese market.
Shares of $JK are currently trading at $1.22 and the company is valued at an MCAP of $91.68 million.
https://ceo.ca/@newswire/justkitchen-and-reef-enter-agreement-to-launch-dj-khaleds