has sold quite significantly based on technicals and all of the past news of Ecoli outbreaks. The damage has been done and we have now based. We have held a major trendline
, key area of $400, with a weekly MACD
crossover, and then finally we have completed a C wave at the .886 fib level hinting to a future gartley
or bat pattern
more than likely. Buying now at $446 with a stop at $431 would offer more than 6:1 risk/reward targeting $540 where we have major resistance. The 2nd target will be the $600 area.