LONG JM SMUCkER

28 בנוב׳ 2021

A; local favorite around here .. the JM SMUCKER company is paying a nice 3.0% yield on their div and has also formed a cup and handle pattern on the daily and looks like it's about to take off to break ATHs soon It had trouble breaking $135 last week, but it didn't crash like the rest of the market After reporting earnings on the 23rd and beating expectations in by 18%; they were able to open at $131.26 after closing the previous day at $126.44 Even with all the FUD in the market they closed at $130.95 Once they break $135, the last major resistance sitting between them and the previous all-time high of 157.31i is $139.77

I'm gonna buy asap to lock in my div yield and enjoy the (hopefully) ride up.