Tyson Foods (TSN), the stock had a good rally from November 2013 then peaked and started consolidating in April of this year. It fell to its 200 day moving average and as it traded sideways along it Twitter momentum confirmed the support with higher lows. When the triangle in momentum was broken the upside in late August it triggered a buy signal. This is one of the few trades that survived the October dip with momentum holding above its trend. Now it faces resistance near 52 week highs so I’ll be watching momentum closely to see how strong that resistance is.
