High Liner Foods Inc T.HLF

Alternate Symbol(s): HLNFF

Consumer Defensive Packaged Foods

High Liner Foods Incorporated is a Canada-based processor and marketer of value-added frozen seafood. The Company produces a range of products from breaded and battered items to seafood entrees, that are sold to North American food retailers and foodservice distributors. In addition, it is a supplier of commodity products in the North American market. The retail channel includes grocery and club stores, and its products are sold throughout the United States and Canada under the High Liner, Fisher Boy, Mirabel, Sea Cuisine and Catch of the Day labels. The foodservice channel includes sales of seafood that is usually eaten outside the home and its branded products are sold through distributors to restaurants and institutions under the High Liner, Mirabel, Icelandic Seafood1 and FPI labels. The Company is also a supplier of private-label value-added frozen premium seafood products to North American food retailers and foodservice distributors.

TSX:HLF - Post by User

High Liner Foods Inc

Bullboard Posts

Post by ownediton May 16, 2016 11:27am

109 Views

Post# 24876929

Double Bottom Breakout Target...

What is great is how respectful to the technicals HLF is behaving.

Breakout from Bullish Flag confirmed (to me at least).

The neckline of the Double Bottom was successfully breached a week or so ago, and was successfully retested. Based on the first trough (bottom measured to neckline), the target for the breakout is 22.00ish.

Still think it will have some resistence around 19.25. Enjoying the ride.

Bullboard Posts

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