Consumer Staple Coiled Near Yearly Highs
Smucker (SJM) shares flagging bullishly and coiled above monthly value as it closed green in a weak tape Thursday. A consumer staples name seeing some relative strength very near its highs recently and potentially breakout trade set up to a 147 target as MACD nears a bull cross. A close below 140 likely changes things and would be a stop level.
