Hormel is in a remarkably consistent long-term channel up, and broke through to the underside for the first time. If it's gonna fall, it'll fall, but I would be surprised if, before doing so, it didn't retest the bottom of the channel by EOY. I'll be watching for slowing downward momentum. Also, if there's a market crash, everyone'll go to walmart and stock up on canned chili.
Comment:
Really though, look at that consistency!
