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Farmmi

Gambling on Farmmi. FAMIWe believe there are three or so likely scenarios for this penny stock, two of them are bullish now. Because the price is under a dollar, the volatility can be absolutely insane with these type of things. We are not committal, but relatively confident for a short term bullish scenario on this one, whether this is an upgoing zigzag, a new impulse or something else. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NASDAQ:FAMILong
by Rykin_Capital
Bearish of Farmmi Inc. FAMIWe are correctign on some kind of an impulse on this one. We believe we are heading South over the next week or so here. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NASDAQ:FAMIShort
by Rykin_Capital
FAMI - FARMMI Fundamental AnalysisBased on Fundamental Analysis the idea is to go long. Based on technical Analysis: Prices are moving sideways resting after a bearish trend. Fundamental News: LISHUI, China, Aug. 14, 2020 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced its subsidiary Zhejiang Forest Food Co., Ltd., has received new customer orders for its dried whole mushrooms and dried mushroom slices. The customer, an investment trading company, will export the mushrooms to the U.S. and Canada. Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "These latest orders represent another positive development and reflect the long-term relationships we are focused on building. We are benefiting from increased global demand, as customers seek out healthier, organic foods. Mushrooms check all of the boxes, as a wonderfully tasting, fat-free, low calorie, low sodium, cholesterol-free nutritional food. We continue to leverage our team's decades of experience to ensure reliable, high quality, flavorful products. We are also leveraging our state-of-the-art facilities to increase automation and reduce human touch where possible. We are encouraged by the healthy demand levels we are seeing, which reflect an uptick in cook at home demand, where consumers buy ingredients and do alll preparations at home." About Farmmi, Inc. Headquartered in Lishui, Zhejiang, Farmmi, Inc. (NASDAQ: FAMI), is a leading agricultural products supplier, processor and retailer of Shiitake mushrooms, Mu Er mushrooms, other edible fungi, and many other sought-after agricultural products. The Company's Farmmi Liangpin Market serves as a global trading platform for Chinese geographical indication agricultural products and is one of the largest platforms for consumers to access locally sourced agricultural products.
NASDAQ:FAMILong
by Mauriello