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| Gator's Chart of the Day: TSCO |
The chatter I've been hearing suggests farmers are going to have a lot of cash in their pockets and this is one of the places they like to spend it. The stock hit an all-time high (88.97) today before retreating into the close. The Bollinger band width is less than 5% of the 20 day simple moving average so it qualifies as a squeezer with a high base. With the market showing some weakness this week it may not be the right time to buy breakouts but this could be an exception.
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| TSCO Monthly Chart |
As you can see from the monthly chart this stock has been immune to any downturn for years.
