TYSON FOODS - TSN
Monthly chart shows abc three wave corrective pattern into the $24.50 area high. No buy signal evident yet. Wachovia analyst upgraded the stock from "underperform" to "market perform" on November 8, 2007. Pattern in place indicates further downside price movement.
Weekly chart shows price below all key moving averages with no buy signal in sight.
Daily chart shows no clear evidence of buying despite the analyst upgrade.
Saturday, November 10, 2007
TSN Analysis for 11.20.2007
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