While the rest of the market tanks, look no further than the recovery plays provided by the financial sector and the consumer sector. Here we see $CAG satying on track to maintain this channel it's been trading in. CCI now reaching the oversold area, RSI to follow. Like this one to bounce and continue the upwards movement for a solid brands.
Today they beat earnings. Earning 75 cents a share when expected to earn 66 cents a share. This is great. So that is what caused the move. It is looking pretty bullish. The brands it owns are used everyday and of course it is a great buy. Again like every run up we need a new support. Watching this tomorrow to see it turn its previous resistance into support. its...
Hey investors , CONAGRA BRANDS is going up with a gap, a slight increase on the trend line and a fallout due to a large volume of purchase. Otherwise, an upward push to join the second trend line. Please LIKE & FOLLOW, thank you!
0. Notes to follow;
BUY only for this one : Estimated EPS USD 0.66 Last EPS USD 0.42 Last Dividend per Share USD 0.21
Possible long entry above $35.00 Earnings are expected to be good as comfort\stay at home food sales within lockdown surged. Company profile Conagra Brands, Inc. engages in the manufacture and sale of processed and packaged foods. It operates through the following segments: Grocery and Snacks; Refrigerated and Frozen; International; Foodservice; and...
I see CAG trading in a cup and handle pattern and earnings are tomorrow bmo . CAG has fallen out of the rising wedge and support may be at 31 ( ish ) Trading before earnings is very risky so do your research and CAG is not quite to breakout which is 35.7 Targets are between 40 and 43
Just an assumption for future move
if the price breaks the level 1.61 fibo with force there is a probability of going to seek the level 1 fibo. if you liked this idea or have your opinion on it, write in the comments. DISCLAIMER: As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This...
Conagra Brands Inc Pending Order Placement Entry Placement 35.45 Take Profit Placement 39.20 Stop Loss Placement 32.95
After the stock was sharply falling, the significant volume came out, - that's the first sign of the trend stalling. Then the reversal pattern appeared, which got confirmed by the big white candle that closed above January high (marked as bright green). I was a bit late as I didn't manage to catch the market closing, so I tried to get in at the opening on the...
Despite my Best Efforts... "They" screwed me all year! I am Angry with myself, and, can't seem to get over it. It doesn't matter what I sold, "They" ran it Higher. I guess that I have to Own my Misstakes. But, it is tough dealing with Criminals. I sold CAG in September @ $31.57 "They" dropped it down to $26.50 in October. Then, bounced it Higher. Now, I just do...
Hi, today we are going to talk about Conagra Brands and its current landscape. Conagra Brands is poised to receive increasing attention from the market as relevant events are taking place. The American packaged foods company issued a better than expected EPS and sales results on its second-quarter as demand for snacks and frozen food soars. The better result of...
After the stock broke out of the trading range, The buyers are not eager to buy even at relatively low price. At this juncture there is a high probability trade to the downside, With a very big potential, and very little risk. My conclusions will remain the same, Unless i see strong conviction from buyers.