Pilgrim's Pride Corp (NASDAQ: PPC) momentum breakout alert!

PILGRIM'S PRIDE CORP (PPC)       25.69   -0.47 (-1.8%)


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Pilgrim's Pride Corp (NASDAQ: PPC) momentum breakout alert!7 months ago - Chartmill

TRADING IDEA

Pilgrim's Pride Corp is engaged in the production, processing, marketing and distribution of fresh, frozen, and value-added chicken products to retailers, distributors and foodservice operators. The company is headquartered in Greeley, Colorado and currently employs 59,000 full-time employees. Its geographic segments include the United States, United Kingdom, and Europe and Mexico. Read the full profile here.

STRATEGY

Momentum Breakout Setup (Short term)

  1. strong increase during last trading session (+3.5%)
  2. increased buying volume
  3. closing price higher than $29.7 (latest resistance)

Last earnings: 2022-04-27

Next earnings: 2022-07-26



ACTUAL SETUP

  • Buy Stop | $30.21
  • Limit | $30.30
  • Stoploss | $28.48
  • Target | Hold between 2 - 5 days or first target @ 33.67

STOCK SCREENING SETTINGS

Through this link you can check the other stocks that were also withheld with the same screen filter (05/03/2022- EOD).

ADDITIONAL INFO/TIPS

Disclaimer: These trading ideas are merely to demonstrate what ChartMill is capable of and shows some typical results of a breakout filter. It is in no way actual financial advise to invest or trade in these stocks. The author has no pre-existing position in any of these stocks.

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PPC Links

PPC News

News Image14 days ago - Scott+Scott Attorneys at Law LLPCONTINUED INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Continues to Investigate Pilgrim’s Pride Corporation’s Directors and Officers for Breach of Fiduciary Duties – PPCNews Image23 days ago - Market News VideoPilgrims Pride Larger Than S&P 500 Component Lincoln NationalNews Image23 days ago - Market News VideoNoteworthy Tuesday Option Activity: PPC, IGT, CEIXNews Image24 days ago - Scott+Scott Attorneys at Law LLPINVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Pilgrim’s Pride Corporation’s Directors and Officers for Breach of Fiduciary Duties – PPCNews Imagea month ago - BloombergPilgrim’s Pride Jumps as Inflation-Hit Consumers Trade Down to Chicken

Pilgrim’s Pride Corp., the second-largest US poultry producer, soared the most since April as quarterly earnings signaled shifting consumer tastes from costly beef to cheaper chicken.

News Imagea month ago - Pilgrim's Pride CorporationPilgrim’s Pride Reports Third Quarter 2022 Results with $4.47 Billion in Net Sales and Operating Income Margin of 7.6%

GREELEY, Colo., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Pilgrim’s Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its...

News Imagea month ago - Pilgrim's Pride CorporationPilgrim’s Pride Reports Third Quarter 2022 Results with $4.47 Billion in Net Sales and Operating Income Margin of 7.6%News Image2 months ago - Pilgrim's Pride CorporationPilgrim’s Pride Corporation to Host Third Quarter 2022 Earnings Call on October 27, 2022

GREELEY, Colo., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Pilgrim’s Pride Corporation (NASDAQ: PPC) announced today that it will release its third quarter 2022...

News Image2 months ago - Pilgrim's Pride CorporationPilgrim’s Pride Corporation to Host Third Quarter 2022 Earnings Call on October 27, 2022News Image2 months ago - MarketBeatTyson Foods Takes a Lickin’ and Keeps on Tickin’ Lower

Global meat and poultry products producer Tyson Foods (NYSE: TSN) stock has been in a nine week losing streak falling (-24%) for the year.

News Image2 months ago - InvestorPlace7 Under-$50 Sleeper Stocks to Buy Before Wall Street Wakes Up

For those with a budget that may be restricted right now, perhaps it's time to check out these under-$50 sleeper stocks to buy right now.

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