Morroco’s YoLa Fresh raises $7m in pre-series A funding, eyes unicorn status
- YoLa Fresh Funding: YoLa Fresh, a Morocco-based agritech company, secures $7 million in pre-Series A funding to expand its logistics network and improve technology.
- Fresh Food Supply Challenges: Fresh food supply across Africa faces challenges like transportation, middlemen taking more profits than farmers, and ensuring quality produce reaches the market.
- YoLa Fresh's Solution: The startup connects farmers directly with retailers and food service companies, eliminating middlemen, increasing farmer income, and improving food quality.
- Founders and Team: YoLa Fresh was founded by Youssef Mamou and Larbi Alaoui Belrhiti, experienced entrepreneurs aiming to revolutionize fresh food supply in Africa.
- Investor Support: Investors like Al Mada Ventures and Algebra Ventures believe in YoLa Fresh's potential to create efficiencies in the farm-to-retail supply chain and support its growth.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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