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.