lukelehepuu
Short

CAG SHORT IDEA

NYSE:CAG   CONAGRA BRANDS INC
Description of Chart:
A few months ago a double top pattern was put in. As with a lot of double tops we tend to get a break out above it to clear a lot of the short positions out and a lot of renewed buying. We then faded nicely down back to previous support listed in purple. We are now trading below 46.43 which is a nice point for a short position. Short from this area down to 44.27 which coincides with previous support too.

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