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swingstocktraders
Feb 26, 2016 1:01 PM

Long trading setup Long

Pilgrim's Pride CorporationNASDAQ

Description

PPC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.82, a stop order could be placed below this zone. We notice that large players showed an interest for PPC in the last couple of days, which is a good sign.
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