H&S top forming on TSN

Alright guys, we’re gonna take a look at Tyson Foods ticker is T S N. Looking at a longer term here we get weekly and daily weekly and the left daily on the right. You gotta love it when things just look to line up in your favor we got a lot of things here from a confluence perspective on the weekly chart we see we are basically at these highs here, what I call weekly structure in here, this 90 to 95 area breaking longer term trend line support as well. Going over here to the daily you see we’ve got a nice beautiful almost textbook Head and Shoulders Top, Left shoulder head right shoulder co lot coincided with the 123 top that’s going to measure a projected target of around I can get my tool here down to about the $75 target areas that’s going to take us right down here to around $75 is our target in when we get this confirmation that’s going to come via either a break of the neckline or a break of the number two which What do you know it’s the same the neckline and the number two are exactly the same. We’re already getting closes below trend line support which is a plus we need two consecutive closes once we get below this neckline here or number two, which we’ll call add half that is all signs to go ahead and short this trade and you can and if you do so, you know you’ll be trading good company as seasonality suggests a short trade around this time period has been profitable 80% of time over the last five years so that’s where we’re waiting and watching for on Tyson Foods. Now I’m gonna be talking about this exact same concept in the upcoming wealth 365 summit the week of April 4 through the ninth there’s going to be 60 plus speakers 60 Plus speakers, I guarantee you, these spots will be filled they will be taken up quickly. So I encourage you to head on over enter your name and email address to claim your free ticket. Lock it in. There’s no obligation and I can’t wait to see you there.