CAG trade ideas
CAG $40 Today they beat earnings. Earning 75 cents a share when expected to earn 66 cents a share. This is great. So that is what caused the move. It is looking pretty bullish. The brands it owns are used everyday and of course it is a great buy. Again like every run up we need a new support. Watching this tomorrow to see it turn its previous resistance into support. its looking pretty good and if it builds that support im looking at it going to 40! Hopefully you can get in on the dip. Was looking at the double bottom but ignoring that. Another thing to note is that the new low is higher (third V in the channel) so that is some good news.
thats all
this is not financial advice this is simply what i see and think. tomorrow will determine the rest of the play. will keep you udpated
i am new and learning so i apologize if the chart does not meet what i predict
CONAGRA BRANDS PredictionHey investors , CONAGRA BRANDS is going up with a gap, a slight increase on the trend line and a fallout due to a large volume of purchase. Otherwise, an upward push to join the second trend line.
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@CAG - BUY - Announce their EPS today USD 0.66BUY only for this one :
Estimated EPS USD 0.66
Last EPS USD 0.42
Last Dividend per Share USD 0.21
$CAG Conagra Long above $35.00
Possible long entry above $35.00
Earnings are expected to be good as comfort\stay at home food sales within lockdown surged.
Company profile
Conagra Brands, Inc. engages in the manufacture and sale of processed and packaged foods. It operates through the following segments: Grocery and Snacks; Refrigerated and Frozen; International; Foodservice; and Pinnacle Foods. The Grocery and Snacks segment includes branded, shelf stable food products sold in various retail channels in the United States. The Refrigerated and Frozen segment comprises branded, temperature controlled food products sold in various retail channels in the United States. The International segment consists branded food products, in various temperature states, sold in various retail and foodservice channels outside of the United States. The Foodservice segment focuses in the branded and customized food products, including meals, entrees, sauces, and a variety of custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Pinnacle Foods segment involves in the commercially branded and private label food and ingredients, in various temperature states, sold in various retail and foodservice channels in the United States and Canada. The company was founded by Alva Kinney and Frank Little in 1919 and is headquartered in Chicago, IL.
C&H Earnings BMOI see CAG trading in a cup and handle pattern and earnings are tomorrow bmo .
CAG has fallen out of the rising wedge and support may be at 31 ( ish )
Trading before earnings is very risky so do your research and CAG is not quite to breakout which is 35.7
Targets are between 40 and 43
CAGif the price breaks the level 1.61 fibo with force there is a probability of going to seek the level 1 fibo.
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DISCLAIMER: As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This analysis is a trading idea, not a trading signal for you.
Conagra Brands Inc [ NYSE: CAG ]Conagra Brands Inc
Pending Order Placement
Entry Placement 35.45
Take Profit Placement 39.20
Stop Loss Placement 32.95
Stock reversal After the stock was sharply falling, the significant volume came out, - that's the first sign of the trend stalling. Then the reversal pattern appeared, which got confirmed by the big white candle that closed above January high (marked as bright green). I was a bit late as I didn't manage to catch the market closing, so I tried to get in at the opening on the following day.
1)Stop loss is under recent lows.
2)Profit target is around the beginning of the sharp decline.
Yer-End ReviewDespite my Best Efforts...
"They" screwed me all year!
I am Angry with myself, and, can't seem to get over it.
It doesn't matter what I sold, "They" ran it Higher.
I guess that I have to Own my Misstakes.
But, it is tough dealing with Criminals.
I sold CAG in September @ $31.57
"They" dropped it down to $26.50 in October.
Then, bounced it Higher.
Now, I just do Nothing.
Remember: Doing Nothing is doing Something.
CAG - DAILY CHARTHi, today we are going to talk about Conagra Brands and its current landscape.
Conagra Brands is poised to receive increasing attention from the market as relevant events are taking place. The American packaged foods company issued a better than expected EPS and sales results on its second-quarter as demand for snacks and frozen food soars. The better result of Conagra can also be justified by its efforts in investing in new brands and the increasing of its partnership with retail outlets.
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CAG Short opportunity now by Wyckoff After the stock broke out of the trading range,
The buyers are not eager to buy even at relatively low price.
At this juncture there is a high probability trade to the downside,
With a very big potential, and very little risk.
My conclusions will remain the same,
Unless i see strong conviction from buyers.
$CAG Iron Condor$CAG Iron Condor
Buy: 10/18 32c for .27
Sell: 10/18 31c for .49
Sell: 10/18 27p for .47
Buy: 10/18 26p for .28
Net Credit: $0.41 (Max profit if all expire worthless)
Buying Power Reduction: -$0.59 (Max loss on blowout)
Profit Range of $26.59 - $31.41 w/ 55% POP at expiration
Conagra Breakout TargetsCAG Conagra Brands gapped up out of its recent consolidation pattern, freeing it up for a run to posted targets. Gains of 10% and 20%, respectively. Shown below is a close up daily chart for a better view of the gap up breakout. Monthly chart indicates this stock could very well see the 44 area longer term. I personally like this stock for longer term buy for gains+dividends. Shorter term, look for Sept 20th C31, currently available for about .40 per contract. Happy hunting and GLTA!
CAG - Conagra Brands Inc. - Long IdeaI'm breaking down what I'm seeing on CAG - Conagra Brands Inc. (Nasdaq) Price has suffered late last year (Nov) but has rebounded nicely to almost the 61.8% Fib retracement area (not shown), pushing through 50% now on the Monthly charts, Price is above a 200 daily EMA. I see price relaxing a bit back down to the 50-61.8% Fib on the current leg up. Then, with a confirmation pattern I would enter a long position, these are buy and hold brands, getting in at a better price is always creamier.
If price continues up from here, I follow with my Fibonacci levels and adjusted entry, still waiting for reversion to mean approach. 1-2% Risk 2:1RR -Happy Trading
