JM SMUCKER COMPANY - SJM
Monthly chart shows current support off the $51 area level.
Weekly chart shows early buying activity.
Daily chart shows an abc 3 wave pattern down into the $51 area support. Early buying activity evident, as buyers wanted to get into the stock gapped up the price at the open on both Thursday and Friday of last week. Look for continuation higher next week.
Sunday, October 28, 2007
SJM Analysis for 10.28.2007
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