(Premium) November Consumer Staples Outlook

Consumer Staples has set a series of lower highs since peaking in the spring. The trend is up, and we should expect this consolidation to resolve higher, but we can be patient and wait for a clear resolution before getting involved.

There are a handful of names already breaking out for those that want to get involved now.

General Mills has been in a steady uptrend for more than a year.

Hershey has been just as strong. Look how consistent they’ve been: Consolidate. Breakout. Rally. Repeat.

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