Tyson Foods has been riding strong results higher since the summer. Now it may be swinging back to the upside.
The first pattern on today’s chart is the bullish earnings gap on February 7. TSN briefly flirted with triple digits after the report, then pulled back to retrace the entire move.
Second, consider price action at the bottom of the dip last week: a drop...
Right at long term resistance, potential triple top. Oversold RSI and overextended from the 9ema daily. Calls over 94.3. Puts below 90.22 or if it fails to break out over 94.3.
Noticed this and thought I would share.
Unsure how to trade this.
Elliott waves would seem to say its bullish.
Moving averages are trending with positive momentum.
Thomas Bulkowski book seems to say possibly bearish.
I am limited on time today. More to come.
I think this will be bullish but am unsure
Hello, scaning market found out that this stock has wedge up pattern, that means down trend will come soon, need to wait for support brakeout. It down trend will go for 1month, what you think? Am I wrong? Or support my idea?
I have no position and looked at its chart to find an opportunity. This stock tends to be bullish in August, based on seasonality analysis from Stockcharts.
Trend(OBV) uses True Strength Index to analyze "On-Balance-Volume", which measures buying and selling pressure as a cumulative indicator.
The Trend(OBV) crossed above its signaling Bollinger Band . So it may...
What do you think? There is some consolidation going at support #1. I want to see a breakout above the 50 MA on a smaller time frame at a support. I think this still has more time to fall more.
NYSE:TSN looks great, is clearly in an uptrend breaking out of a second base after beating EPS estimates last week. The thing is that I don't see volume action, or a good follow-through. Still, I keep my eye on this one. Industrials have been leading the market for the last weeks and NYSE:TSN is one of the leaders of the Food Production Industry, is rank 3th by...
Wait for pullback entry, but this is a beautiful setup if you like easy money.
On the weekly, TSN has been trading under the weekly ichimoku cloud since the beginning of March 2020 and we have finally crossed over and bounce above the clouds with decent volume.
We have potential to get to the 0.786 at $83.26 by the end of month.
Long term price targets 74.53 -...
Tyson is looking good to retest the gap around 68$.
Technical Info:
Gap confirmed to buy back to
Earnings per share better than expected 1.94 vs 1.58
RSI is above 50 and thats good for upward momentum
TSN has underperformed the market and this stock typically does better when the leading sectors like technology start to lose their attractiveness. This is a...
