Strong earnings release 2w ago Weekly NR3 Strong daily close on a down day, closing above 5ema
... at moment, it seems. Thus the stocks shall be bought.
$HRL Pure Beast...going to $70.00 news.investors.com
Nice weekly breakout in play, Posted chart a week ago So far so good, Pullback would be buyable as its held up well in a weak market
Nice strong uptrending chart on $HRL, over its recent highs This has a target into the $80's for longer term
HRL has struggled to comfortably clear the $50 half figure zone. It is not a great trending stock - it has been a little erratic in the past, despite its overall uptrend since the low of 2000. The November 2014 to February 2015 consolidation tested $50 time and again - even though this zone had already been retested through August - October 2014. More recently...
Nice candles and a strong break above resistance. Should continue higher and the EMA'S should provide some cushion.
Reverse broadening Triangle. Shooting Star reversal. Wolfe Waves 5 potential topping pattern. Breaking 4/8 uptrend_line. RSI, MACD bearish divergence. OBV divergence. Gap Fill. Target_1 : 49.80 Target_2 : 48
My HRL chart from 8 months ago worked out pretty well.
HRL has been a great outperformer since I highlighted it.