Hormel Foods (HRL) Analysis
SUMMARY
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Thanx
@haejin I think SEC confuses the Market all... Still wondering the Summer Season performance
Thank you!
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I have some Hormel stocks :-)
If we go in an economic downspin they should have a good product still for the masses. Do they have a strong dividend?
Well that's fundamental reasoning for sure and many comingle TA with fundamentals. However, I see the TA as more upstream as it is sentiment reflected on price and this reflection is much more upstream than news or events. EVEN if they have great products, a five wave up completion in Elliott Waves means a requisite correction and that's what's currently going on.
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