$TSN: Channel Setup

Tyson Foods, Inc.NYSE

Description

⋅ Jul 8, 2013 8:37 AM

While ideally, I like this setup with a short-term short setup, as the .886 fib tends to provide strong S/R, we could potentially break out and head toward the 1.27 Fib. Half the battle is knowing where to find proper levels. Trade the Fibs.