Appears to be close to a bottom down there. Price is still fairly close to support, unlike a lot of the market right now..
From reading, it looks like MKC got in trouble over some Italian seasoning that they have since recalled from the market.
Earnings are estimated September 27th.
Talking heads were speaking of folks being too afraid to go out to eat )o: I am not sure about that, and possibly just a new narrative, but does seem like things we buy at the grocery store where prices are going up and up daily, and brands like this one, TSN etc. would do well. I looked at TSN but has gapped up and for now I missed that one.
The bottom is not always the bottom, was just looking for securities that are not at a yearly high. Yearly high is 105.54 and that is the long term high as well. Long term uptrend noted.
No recommendation
Orange Xs mark bearish moving average crossovers. Moving averages are almost always look like dead fish down here though )o:
From reading, it looks like MKC got in trouble over some Italian seasoning that they have since recalled from the market.
Earnings are estimated September 27th.
Talking heads were speaking of folks being too afraid to go out to eat )o: I am not sure about that, and possibly just a new narrative, but does seem like things we buy at the grocery store where prices are going up and up daily, and brands like this one, TSN etc. would do well. I looked at TSN but has gapped up and for now I missed that one.
The bottom is not always the bottom, was just looking for securities that are not at a yearly high. Yearly high is 105.54 and that is the long term high as well. Long term uptrend noted.
No recommendation
Orange Xs mark bearish moving average crossovers. Moving averages are almost always look like dead fish down here though )o: