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dorfmanmaster
Jun 20, 2019 5:27 PM

Tyson technical/fundamental bull analysis Long

Tyson Foods, Inc.NYSE

Description

Fundamental analysis
With all the hype around Beyond Meat meatless burgers. Tyson (TSN) who is a now official competitor on this semi-new (not only for vegetarian) market could be a gainer.

Technical analysis
  • RSI @48 trending higher (could be stronger)
  • OBV confirming at all time high
  • We made a head and shoulders (shown on chart), with a positive uptrend on the support level.


Price target as well as stop-loss limit are drawn in the chart.


Happy trading!
dorfmanmaster
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