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showstopper
15 ינו׳ 2018 23:26

HRL long great R/R לונג

Hormel Foods CorporationNYSE

תיאור

HRL long due to following setups
1) Daily oversold with RSI about 40
2) Weekly support retest after the breakout in Nov
3) Daily horizontal support
4) Support from Gapfill right below
5) Printed a hammer on Friday (ofcourse needs a confirmation tomorrow)

Everything above bodes well for higher prices. Can go long with a stop under under $34.
עוד