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$HRL immature falling wedge on daily
Hormel Foods Corporation
Short
$HRL immature falling wedge on daily
By TraderMentality
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Aug 16, 2016
2
Aug 16, 2016
HRL
falling wedge forming on daily. Former H&S neckline serving as resistance.
Expecting a pullback into wedge support (demand), then a move north through resistance (supply) to upside.
Short ----> then Long
Bearish Patterns
Bullish Patterns
Falling Wedge
HRL
Support and Resistance
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