General Mills, Kellogg, Campbell, Hershey, Smuckers, Sysco, McCormick & Company, and ConAgra are a handful of the largest American pantry/snack favorites. These Fib Schematics look pretty good and are easy to decipher. This makes this a good idea other than the fact that I should have grouped my tow food ideas differently. I have another Food Idea linked below...
Analyzing the options chain and the chart patterns of MKC McCormick & Company prior to the earnings report this week, I would consider purchasing the 75usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $2.53. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
A double bottom in green box has formed at the bottom of an up channel on the daily chart for MKC. I expect this to react bullishly to this formation and push price back up to the higher highs of the up channel. Bullish.
BEAR RALLY SET UP I've had MKC on my watchlist for about a week now. ON January 18th, the 20 day crossed the 50 day and made a new swing low on January 20th. Since then, it had a small bear rally back to prior support resistance of 79.09ish which it hit on the 24th. On the 25th, it traded below the previous day's low, however I waited one more day because I...
$MKC has a very nice setup to go long here, one of the solid long term names to buy when they look ugly as per @timwest . I'm buying shares for my daughter here, looks like it's a solid setup overall. Best of luck! Cheers, Ivan Labrie.
Dominant trend line in solid white Similar double bottom formations can be seen in green rectangles Continuation pattern
The 200MA support is too strong within this one Has not been broken since its inception (1976) Very reliable long
Confirmation if we break above $89, first target $92.87 not a big run, but God seems to be sending signs in the form of comedy to me lately. March was all Penis Patterns (AKA Head and Shoulders). April brings the Ovaries (AKA inverse H&S) *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
MKC BUYZONE = 83 - 84.50 Cost Avg Down (CAD) = 76 1st Target = 90 2nd Target = 95 3rd Target = 100 HODL Target = ATH+ ______________________________________________________________________________________________________________________ This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form...
$MKC are reporting earnings next week on Sep 29 Before Market Opens. Historically, their Q4s were the strongest. However, this year, Q2 was almost as strong as the previous Q4s because of the lockdown. I am bullish on MKC and expect Q3 2020 earnings to be very strong.
MKC breaking down from a long upward channel. It has strong twiggs money flow divergence and crossed down its MA 100 line. Overall looks good as short setup. Check out Acorn's Smart Money Alert service at www.smartmoneytrading.com
TA for MKC and the reasons to sell using indicators.
Cup and Handle on MKC First Target on 101.00 Second Target on 103.00 Final target on 105.00 Stop on 94.50
MKC seems breaking down key support label. It has fair amount of insider selling, higher price to cashflow. On the weekly chart moneyflow is diverging & toping at this moment. Overall it seems a very good momentum short setup. * Trade Criteria * Date First Found- June 21, 2017 Pattern/Why- Breaking down momentum short; Potential double top Entry Target...