CGC has been quiet considering the “tos and fros” of rising food prices, supply chain issues and Omicron pressuring staff levels but the longer it holds around $3 the more we feel the next 20% move is on the upside for those who dare consider this volatile beast. This is not a stock MM is likely to buy but for subscribers considering food exposure it definitely has merits after the last few years struggle.
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Thursday 28th March – ASX200 +80pts, All Time High, Retail Sales
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Thursday 28th March – DOW up +477pts, SPI up +60pts
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MM likes CGC around the $3 area
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