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dpuleo19
May 14, 2021 2:35 PM

Tyson Foods $TSN breaksout, but I'm not convinced Long

Tyson Foods, Inc.NYSE

Description

NYSE:TSN looks great, is clearly in an uptrend breaking out of a second base after beating EPS estimates last week. The thing is that I don't see volume action, or a good follow-through. Still, I keep my eye on this one. Industrials have been leading the market for the last weeks and NYSE:TSN is one of the leaders of the Food Production Industry, is rank 3th by IBD, and has a Relative Strenght Rating of 69. Ussually I'd like it better if it had a higher number regarding its relative strength.

I'd like to add that I'm watching NYSE:DAR and have a small position in NYSE:INGR. All leaders in the Food Industry.
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