FullTimeTrader

CALM-big double bottom divergence+triangle breakout

Long
BATS:CALM   Cal-Maine Foods, Inc.
1
We have a big double bottom divergence on W1 chart:
On D1 there is a triangle wich was broken three days ago (still not late for an entry)

Fundamental review:
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Cal-Maine Foods, Inc. produces, grades, packages, markets, and distributes shell eggs. The company has a P/E ratio of 12.64.

Ratings rates Cal-Maine Foods as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins

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