NYSE:PF   PINNACLE FOODS INC
13 0 2
This is my thoughts on PF: So as you can see the stock has been moving up a lot since it's IPO and thats good because i want to trade with the trend and not against it. The last earnings , the stock gap up a lot and because the buying pressure was so strong and because the stock move a lot, people stop buying and took their profits. The volume was very low and thats what we want to see. The stock create a nice ascending triangle after earnings and yesterday it broke out with good volume and with a very strong candle. According to me, the stock will continue higher and will continue is move from earnings . Like every stock who move higher, there is always a great uptrend with good volume then a consolidation or a little correction with low volume and then a continuation from the prior uptrend with volume and this is what happen. So i will buy the stock if it goes to 58.83 today.
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