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Peet_Serfontein
Feb 5, 2024 5:29 AM

CALM: bull flag pattern? Long

Cal-Maine Foods, Inc.NASDAQ

Description

A price action above 56.00 supports a bullish trend direction.
Increase long exposure for a break above 58.00.
The target price is set at 64.00.
The stop-loss price is set at 54.00.
Remains above its 200-day simple moving average.
A bull flag pattern seems to be developing. Such a pattern supports upside price potential.
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