Hormel up then down
Hormel is in a remarkably consistent long-term channel up, and broke through to the underside for the first time. If it's gonna fall, it'll fall, but I would be surprised if, before doing so, it didn't retest the bottom of the channel by EOY. I'll be watching for slowing downward momentum. Also, if there's a market crash, everyone'll go to walmart and stock up on canned chili.
Note
Really though, look at that consistency! 
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.
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.