LeanneS

TSN primed for an increase?

Long
NYSE:TSN   Tyson Foods, Inc.
Hi, this is my first idea published. Still learning about chart patterns.

Ascending triangle set up. 5- and 10- day moving averages are increasing and are approaching 22 day moving average. Stochastic and RSI don't indicate overbought or oversold conditions and suggest momentum to help push a breakout. Setting a price target of 68, though I could see it pushing closer to 70.
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.