
User: Violet: Manufacturiing: slopechart_BG.jpg
slopechart_BG.jpg
TheBearCave:
Spruce Point Capital published on Bunge Global (NYSE: BG — $24.9 billion), a global food processing and trading company. Spruce Point called Bunge “a complex and troubled roll-up that has demonstrated an inability to deliver value” and alleged that “Bunge is under core pressure in oilseeds, once its highest EBIT contributor.”
A shorting op comes at the break of the rising wedge.
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