Tyson Foods (TYS) - Wedge Breakout
Tyson food has been recently hit with supply chain issues and is currently ranging in a tight wedge.
We could see one last test of the upper band, however, the probable play is a breakout to the downside.
Note: Pay attention to
TYS news for the determination of your exit strategy as things can easily get worse or better.
Stop loss above the upper band.
We could see one last test of the upper band, however, the probable play is a breakout to the downside.
Note: Pay attention to
TYS news for the determination of your exit strategy as things can easily get worse or better.Stop loss above the upper band.
Note
Trade with caution until confirmation of break down on the 60m chart closure below the lower band. Scalping is in play from lower to higher band with low to moderate risk.Looking for a breakout in futures session which should continue into 4/22 trading session.
Note
Edited: incorrect ticker listed 
TSNTrade fermée manuellement
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.