LongShort2021

CAG - Rebound from support ?

Long
NYSE:CAG   ConAgra Brands, Inc
Dear traders,

Looking into opportunities for cheap stocks part of SP500 , i have found 3 stocks that printed 6 months low, CAG is testing the very long term support (from 2015).
MACD shows raising wedge , and RSI showing bullish reversal on daily.

Options looks cheap with low volatility .
My entry will be for March expiration.

Let me know your thoughts in the comment,
Good luck,
Sam.

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