GTStockmaster
Long

SAFM - a nice turnaround point here for a consumer staples stock

NASDAQ:SAFM   SANDERSON FARM INC
Just noting the pinging off a very long term trendline here for SAFM . Do you think this is going to break its very long term support? If not, I think this could be a nice little long right here. Historically, this has done quite well after hitting the long-term lower trend boundary. It only broke it twice, but in both instances (2008 and 2011) it quickly rebounded above trendline . More to the fundamental story as well.
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