Analyzing the options chain and the chart patterns of SJM The J. M. Smucker Company prior to the earnings report this week, I would consider purchasing the 140usd strike price in the money Calls with an expiration date of 2023-9-15, for a premium of approximately $4.60. If these options prove to be profitable prior to the earnings release, I would sell at least...
A; local favorite around here .. the JM SMUCKER company is paying a nice 3.0% yield on their div and has also formed a cup and handle pattern on the daily and looks like it's about to take off to break ATHs soon It had trouble breaking $135 last week, but it didn't crash like the rest of the market After reporting earnings on the 23rd and beating expectations in...
I've been a very big fan of companies that own packaged food brands (snacks) the American people love. Especially brands that are being stocked in large quantities in times of distress, like a pandemic. Not only is playing good defense very attractive right now from a technical standpoint, it also makes a lot of sense logically when you think about risk. There is...
SJM appears to be near in completing a Wave4 retracement of an impulse move lower. Looking for further price move down to 90-97.5 for a Wave 5 target of impulse bearish move.