Expecting this potential descending triangle to play out. Up to around $95 before dropping. Fallout around earnings. Expecting that regardless of holidays, they won't hit what they expected. Big farms will be using straight from vendor. Only farmers/farmhands and small farms might be going through TSCO. With many small farms in bankruptcy, figuring sales to not impress, however phase 1 could lead to some optimism for future sales.
RSI room to run to around 55-56 from 41, MACD about to go green, MFI up and A/D slightly up.
Assumptions based on the chart, I do not have any of their info pulled up rn. Not advice.
RSI room to run to around 55-56 from 41, MACD about to go green, MFI up and A/D slightly up.
Assumptions based on the chart, I do not have any of their info pulled up rn. Not advice.