Since an ATH of $55.11 in April of 2022, HRL has declined -47%.
HRL has never been priced below its monthly 200MA.
If HRL produces positive ERs on Thursday 2/29, it could be set up for a solid technical bounce from its monthly 200MA.
Monthly oversold RSI... If monthly 200 support ultimately fails, I'll be watching the yearly S1 pivot area as next possible support.
HRL has never been priced below its monthly 200MA.
If HRL produces positive ERs on Thursday 2/29, it could be set up for a solid technical bounce from its monthly 200MA.
Monthly oversold RSI... If monthly 200 support ultimately fails, I'll be watching the yearly S1 pivot area as next possible support.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.