
Hormel Stock Chart (Week of March 6, 2023)

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This video covers earnings this week, Dicks Sporting Goods, Crowdstrike, DocuSign, Tesla and C3.Ai.

** This is what I do. This is not financial advice.

Watch highlighted channel. It may take quite a bit to break above $182.50.
Bearish could test bottom of channel, around $137.

Dollar Tree could be a multi-day runner with good earnings.

Bullish – above $84.50 -> $92.50
Bearish – below $84.50 -> $75.

Costco has been ranging between $450 and $560. Good earnings may push it to test the downward trendline. If it breaks the trendline, I will be watching to see if it tests $540. Bad earnings, I’ll be looking for a test of the bottom of the channel around $450.

This is the weekly chart. Pay attention to a break of $210 to the upside. If it does, look for a run to $220 – > $230. Rejection of $210 -> $200.