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

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Post by ownediton Jun 15, 2016 11:48am

187 Views

Post# 24967478

head and shoulders forming?

A head and shoulders pattern may be forming. A retreat to around 18.00 would complete the pattern and suggest a target of around 16.00 (the major support line). Any break into the 17.00s could possibly confirm the move (with maybe a test of the "neck" or breakline) to 16.00ish.

Anyway the pattern has not formed yet. The right shoulder still needs to be rounded.

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