Tyson Foods (TYS) - Wedge Breakout

2020年4月21日

Tyson food has been recently hit with supply chain issues and is currently ranging in a tight wedge.
We could see one last test of the upper band, however, the probable play is a breakout to the downside.

Note: Pay attention to TYS news for the determination of your exit strategy as things can easily get worse or better.

Stop loss above the upper band.

2020年4月21日

注释

Trade with caution until confirmation of break down on the 60m chart closure below the lower band. Scalping is in play from lower to higher band with low to moderate risk.

Looking for a breakout in futures session which should continue into 4/22 trading session.

2020年4月21日

注释

Edited: incorrect ticker listed TSN

2020年5月12日

交易手动结束