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Analysis: #NYSE $HRL

Case 160 #Hormel Foods Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

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#HRL 1/4
Chart 1
Weekly Chart: The 1 year trading range was finally broken in Dec. 2019 and new all time #highs keep on being recorded - the next target is 50.75 and close above will set sights on 54.50 then target .....

HRL 2/4
..... the main objective at 61.75. Good #support seen at 44.40/15 with major support at 40.15 - 39.30.

HRL 3/4
Chart 2
Daily Chart: The #Strategy is printed on the image.

$HRL 4/4
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