Long Tyson TSNThis is a weird one for me. Saw a x post about them heavily investing in bug proteins and had to check the chart out. Monster megaphone pattern. Beautiful chart. F the bugs but have to punt. Buying some here for the culture. At this time I am allocating most of my capitol now to btc and high beta crypto shit coins and stocks ill probably lose everything on....but this is to good a long not to get in on. Not advise, good luck.
Chicken
VENKEYSCompany website venkys.com
4000cr worth Pune-based Indian poultry major .
First Indian corporate to own an English Premier League football club ( global footprint )
Preferred supplier to Qsr like KFC, Pizza Hut, McDonalds and TGI, besides having own version of quick service retail outlet Venky''s XPRS
Pat reducing due to aggressive expansions.
Products are delicious, must try ( Personal taste buds agree )
What works- Growing healthy/ unhealthy lifestyle- young gen's focus on protein/ green meat, fast food, pet grooming
VERTICALS-
AHP (Animal Health Care Products)
Biotech
Health Care Products
Egg Powder
FMCG
Vaccines
Feed Supplements
YUM BRANDS BUYING WENDY'S..? SEE ARTICLE..GREAT FIT!Hello folks..
This morning we were sent an article from a Wall Street friend dated December 27, 2019, approx. 4 weeks ago.
Here's the link...
www.restaurantbusinessonline.com
Wendy's is in an uptrend moving into earnings.
YUM Brands, with a market cap of over $30 Billion, could buy Wendy's without hesitation.
Keep a close eye on Wendy's because YUM buying Wendy's we feel would be a great fit.
Best of luck with your trades!
BULLISH INDICATORS - CHICKEN SANDWICH WAR! - TRADING TIPHere's another tip for the board. FYI... Barrick Gold (GOLD) looks like it's working out since our last tip.
Wendy's just popped up on our daily scan for Bullish PMO stocks
From the looks of the daily chart, the PMO is rising and almost ready to cross to the upside - BULLISH
ICHIMOKU is also BULLISH
Wendy's is having a chicken sandwich war with several other fast food companies.
We all know Wendy's has a fabulous chicken sandwich.
The last 52-Week high was around September 6, 2019 @ around $22.84
A pop through $22.84 could send the stock to $25.00 very quickly
WE DID NOT TAKE A POSITION IN WENDY'S. LET'S SEE HOW IT PLAYS OUT
Best of luck with all your trades!
RVN: The Black Chicken Wanted to chart Raven here, there has been a lot of moves made with this coin throughout 2018.
I have had some small bids fill around the 380 level, as 355 sats is acting as a nice level of support. Some resistance around 500 sats, for now it appears to be ranging between 355 - 500
I could see the 355 support breaking down if the market takes a significant downturn, and am somewhat neutral with RVN where it is. In terms of taking a bigger position, I would wait to buy a dip or trade off the breakout, you may end up bag-holding if you load up in these ranges. Not to say it won't go up from here, that is a possibility, but the price action as been a little lacking recently.
No longer posting links in trading view descriptions, but you can find my twitter in my trading view profile bio. I have a discord group which can be found on my twitter.
Disclaimer: I am not a financial advisor, and this should not be considered in any way finance advice. Never invest more than you can afford to lose. I am just a Dragon.
Massive Alpha To Be Found In This Chicken Spread!So this spread revolves around the simple, brutal strength that we are seeing in the economy right now. People are spending huge amounts of money on eating out right now, and given the ISM and UMCSI numbers I don't see that slowing down any time soon. Here, we pit a strong, cyclical restaurant chain specializing in chicken against a weak, defensive, consumer staples that is losing market share and in the worst spot from a macro perspective. This one's an easy winner. I was in this morning with a 3-1 R:R 40% target. Don't forget to hedge out those betas!
Cheers,
Andrew
PPC stock may be ready to rule the roost againPilgrim's Pride Chicken is the largest chicken producer in the United States. Not to state the obvious but..."everyone loves chicken". During Super Bowl Sundays, 1.25 billion chicken wings are consumed in the United States. Plus, every other day of the year is a great day for some yummy, healthy white meat of the bird, chicken. PPC has had some negative news in the past, as recently as 2008. Chicken is a dirty business and this company has weathered a powerful storm to here. If the support holds, look to buy and hit the analysts' price target of $25 at least. Do not trust regular analysis on this stock. Bad news is hard to live down.
This company does not pay dividends.
Is LTC ready to join the overall crypto bullishness again?As we have seen many Altcoin pumped in the last months, LTC is pretty stable for a period of almost two years. LTC is in a really large triangle and according to my drawn trendlines, it is finally breaking out to the upside. it still has to be confirmed by a weekly close outside the triangle. Currently the ltcbtc ratio is at lows we haven't seen in many years. Also the ratio looks more and more like its going for a reserval. We finally have a green weekly close after weeks of red. Another thing to mention is the highly oversold RSI on the ratio which is screaming for at least a bounce. Also there is alot of bearishness and negative talking about LTC (Rock). Which makes me want to take this trade even more.
I longed the breakout of this triangle and I am looking for continuation. My target is to at least retest the high of the July pump. If we don't have continuation like all the other times LTC 'pumped' i sell my position and wait for ratio to bottom out at 0.002 levels before i even think about longing LTC again.
LTCBTC point of decisionLTCBTC is heading to a major support level. with a oversold rsi on the weekly we could see a bounce here. if 0.005850 wont hold i expect a big selloff. Looking to risk reward it might be a good long here with a stop under 0.00580. if it doesnt hold the support it will make 3 year lows.
Happy trading,
Foxtrading