PILGRIMS PRIDE CORP

PPC NASDAQ

stephanelibatd

Hey traders, PILGRIMS PRIDE CORP is a bearish fake setup with a large buying volume and a water carrying candle. By leaning on the TIMEFRAME M1 We see a marubozu with a large volume of past sales which goes in the direction of its last previous lower break the VWAP to make a turnaround There is a great chance of breaking the VWAP in force breakout the price to...

Gelium

The downtrend may continue after the breakout of the support level at 13.74. Poor third-quarter performance or the fall in major stock indices may be additional factors in favor of the fall.

TheOne99

RSI indicator shows Hidden Bullish divergence .

tilbert

PPC is a predictable stk that I have been trading for a very long time. It has its own pulse, culture, ignores the supply chain, usually defies overall mrkt sentiment. But a honey to trade. Easily a day to swing to lt hold, but as fickle as she can be-she'll often offer treble rewards for your risk.

djh860

Over the longer term the Chinese pork herd is decimated by swine flu. It will take years to recover. So it is strongly expected that substitution to chicken will lead to stronger chicken volume and pricing. However over the near term the US corn crop looks very poor right now due to poor planting conditions. The fear is that feed prices will rise. The reports...

eugene71

Sitting right on the 50

lousyjets

Don't blink and if you do...that's what they say.

motleifaul

The new high 30 minutes ago confirmed the uptrend.

mlashkarizadeh

One of the main reasons that Price Action works so well is because the market has a memory. Here, I have studied the price behavior of Pilgrim's Pride and its relations to the Fibonacci levels. Ever since the start of this ticker in the exchange, the price has indicated sensitivity to the 50% Fibonacci level after a strong bearish move ends. In other words,...

tilbert

Watching reaction to the round #

blackinksquid1

Trade Idea: Bullish View for PPC Trend Indicators: Ichimoku (9,26,52), MACD, OBOS Daily View Rationale 1) Breakout of Chiku Span above Chiku Span B (Daily) Weekly View Rational 1) MACD Breakout above Signal Line (Weekly) 2) Weekly OBOS (Positive) Key resistance (Fib...

Round_Table_Trade_Team_LLC

PPC - January 5, 2019 - Trade Setup With a recent break over the 8ma, PPC has a good oversold hook setup that looks to retest the 20ma at 16.17 and could even move to candlestick resistance at 17.

TradingStatistics

An intraday high potential, Back Tested Long Analysis. We ll try to find an entry price within the expected pull back zone 17.40- 17.69 as previously being back tested. DETAILS ON THE CHART NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances DISCLAIMER: This is a technical analysis study,...

wolneyyy

So this spread revolves around the simple, brutal strength that we are seeing in the economy right now. People are spending huge amounts of money on eating out right now, and given the ISM and UMCSI numbers I don't see that slowing down any time soon. Here, we pit a strong, cyclical restaurant chain specializing in chicken against a weak, defensive, consumer...

yousufj56

I personally wouldn't take a long trade here; I wouldnt mind a short trade here. There have been no impulse moves to show desire to move this out of the downward channel. Pure consolidation. I believe a fake break will occur out of the downward channel that i've drawn; it will fail and will be brought back to downward fall. Fyi, to anyone reading my posts,...

SeanPatin

Breakout from descending wedge on weekly chart. Great fundamentals behind it. Looking at a reversion back over ~20 with final target around ~23.

biggair

Pilgrim's Pride Chicken is the largest chicken producer in the United States. Not to state the obvious but..."everyone loves chicken". During Super Bowl Sundays, 1.25 billion chicken wings are consumed in the United States. Plus, every other day of the year is a great day for some yummy, healthy white meat of the bird, chicken. PPC has had some negative news...

111PC111TRADE

We expect the update of minimums (most likely there will be a double bottom). weekly growth-1 candle. Thinking about shopping!