I found a stock in the Food and Beverage Industry that looks susceptible to a correction. DENN is running into trendline and horizontal support. It is also running into it's downward sloping 150 day moving average. Stochastics are also overbought. One thing I would note though is it's relative performance over the past few months. I may try a hedge where I would go long SBUX and short DENN. I'm not sure right now, just keeping an eye on it.
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