HORMEL FOODS CORP.
Monthly chart shows buying off the $30 level support.
Weekly chart shows buyers stepping back into the stock the past two weeks.
Daily chart shows eager buyers gapped up the stock on Friday, with price closing on the highs for the day. Look for the $30 low to hold for now and a test of the current high at $39.88.
Sunday, October 07, 2007
HRL Analysis for 10.07.2007
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