Performance Food Group Co. engages in the market and distribution of food products. It operates its business through the following segments: Performance Foodservice; PFG Customized; Vistar; and Corporate and All Other. The Performance Foodservice segment markets and distributes food and food-related products to independent restaurants, chain restaurants, and other...
PFGC formed an inverse bump & run formation and now seems breaking into its Channel formation. It has a fair amount of insider selling & big institutional selling.
We think it has strong downside potential.
* Trade Criteria *
Date First Found- February 21, 2018
Pattern/Why- Inverse bump & run formation
Entry Target Criteria- Break of $29.73