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With the price of chicken-wings “soaring,” there are a few plays to watch in the market. One that caught my eye is Sanderson Farms. On the daily chart below, you can see the high volume ascending triangle breakout attempt last Friday. I am looking to see whether $51 can now hold as newfound support after acting as resistance. If so, all-time highs from 2010 up at $59.43 are within reach. The stock is equally as promising on the weekly, monthly–and even eight-year long base on the yearly–timeframes.
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