Using a 4-month chart, a 10-period relative strength index reading of 7 and slow stochastics in deeply oversold territory indicate Hormel could be attractively priced in the current price range.
Here was a man who clearly never had to contend with social media, fantasy baseball or the instant response to a new profile picture (reading new twitter responses to the last chart I put up).
The transports ended the week with a negative weekly chart profile with declining momentum (12x3x3 weekly slow stochastic) reading and a weekly close below the five-week modified moving average at 5108.