Food & Beverage Titans: Macro Fib SchematicsThe biggest food and beverage companies in the world consist of Nestle, Coca Cola, Pepsi, Unilever, Mondelez, Kraft Heinz, Tyson, and Hormel. These are the main ones but there are other ones as well. I have linked the rest in my other idea below. While it does not cover every single company in the group, it highlights the Main Titans of the sector.
I have shown their main products showing why they are the Titans dominating grocery stores. Especially thing like Pepsi and Coca Cola. Just for example, people do not know that they own many other brands and companies themselves.
Hormelfoods
$HRL Bear Flag Weekly ChartNYSE:HRL Bear Flag Weekly Chart The technical analysis of a bear flag pattern on the weekly chart of Hormel Foods Corporation (ticker symbol: NYSE:HRL ) reveals a potentially bearish trend continuation signal. A bear flag is a price pattern characterized by a sharp downward move (the flagpole) followed by a period of consolidation marked by parallel trendlines forming a flag shape. In this case, on the NYSE:HRL weekly chart, we observe a sharp decline in the stock price followed by a period of consolidation. This pattern suggests that sellers are still exerting pressure on the stock, and the subsequent breakout below the lower trendline of the flag may indicate a further downside move in the future. Traders and investors should closely monitor this pattern, as it could signal a potential opportunity for bearish positions or a cautious approach to the stock until more confirmatory signals emerge.