PFGC had a nice breakout on 26JAN Adding it to my watchlist this week
Performance Food Group has been operating since 1885 and sells more than 150,000 food products through a variety of channels including directly to restaurants, making them a very stable company. On top of that in the last 2 years revenue has grown 50% and the stock price hasn't kept up, making for a good long opportunity. Technically speaking, price is...
Hello traders, PERFORMANCE FOODS GROUP is in a fake downtrend with a low sell volume made and a sellers trace. TIMEFRAME M1 shows us a hammer candle with a low traded sell volume strong potential to breakout the price and then breakout a range. To go to the next higher which is just above (See TIMEFRAME H4). And if the buyers are back to reach the next top (View...
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 Exit Target...