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Wednesday, January 03, 2018 12:30:02 PM
Is Dean Foods Co (NYSE:DF) Finally Flashing A Buy Signal?
Leading food and beverage company, Dean Foods Co (NYSE:DF), has been one of the worst performing stocks of 2017. This stock peaked out in January 2017 at $22.31 a share. Today, DF stock is trading around $11.57, this shows you how beaten up the stock got last year. Traders and investors should now note that the stock finally looks attractive on the charts. The current pattern is forming a bullish consolidation set-up. This chart structure is signaling upside to around the $13.00 level.
Full Disclosure: Nick Santiago owns call options in Dean Foods Co.
Nicholas Santiago
InTheMoneyStocks
Leading food and beverage company, Dean Foods Co (NYSE:DF), has been one of the worst performing stocks of 2017. This stock peaked out in January 2017 at $22.31 a share. Today, DF stock is trading around $11.57, this shows you how beaten up the stock got last year. Traders and investors should now note that the stock finally looks attractive on the charts. The current pattern is forming a bullish consolidation set-up. This chart structure is signaling upside to around the $13.00 level.
Full Disclosure: Nick Santiago owns call options in Dean Foods Co.
Nicholas Santiago
InTheMoneyStocks
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