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Coffee Shoppe
Posted On: 12/06/2012 9:54:32 AM
Post# of 63824
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Posted By: PoemStone
Re: SaltyMutt #895

from the_8th.


POEM--Here is a chart of the upward sloping bull flag I mentioned a couple posts back.  TSN, you can see the big spike up in November, then the upward flag formed the last two weeks.  Today confirmed it and I expect it to keep going up for a couple more days at least, maybe a bit of a down day mixed in.  Why I noticed this is becasue my stock HSH--Hillshire  Brands could be bought out by TSN.  Just maybe HSH will be bought out by them, but PPC-Pilgrims Pride who is partially owned by JBS, the world's biggest meat company based in Brazil is also going up.  So, I am nit sure if HSH is really a factor in either.


TSN up sloping bull flag


http://stockcharts.com/h-sc/ui?s=TSN&p=D&...7829823140


PPC, I could have called this an up sloping bull flag as well after it's gap up in October, look at it now.


http://stockcharts.com/h-sc/ui?s=PPC&p=D&...0613657574


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