Hormel up then down

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Hormel Foods Corporation (NYSE:HRL)

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NYSE:HRL Hormel Foods Corporation

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.

Komen:

Really though, look at that consistency!

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