dpuleo19

Tyson Foods $TSN breaksout, but I'm not convinced

Long
NYSE:TSN   Tyson Foods, Inc.
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 TSN is one of the leaders of the Food Production Industry, is rank 3th by IBD, and has a Relative Strenght Rating of 69. Ussually I'd like it better if it had a higher number regarding its relative strength.

I'd like to add that I'm watching DAR and have a small position in INGR . All leaders in the Food Industry.

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