HRL appears to be completing a three drives pattern on the monthly. It's hasn't seen its monthly 200 SMA in forever, literally. Insiders are happy to sell to you. It's consolidating tightly between the 20 and 50 EMAs. A break below 44 would be the signal. First target 39 then 36 and 30. After the break of 44, stop would be a weekly close above 46.
Kommentera:
Taking part profit.