The Long Investor
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🕑 Added 2025-02-06 12:53:57 +0000 UTCLegacy confectionary maker and a favourite of Buffett has been struggling since 2023 but has given us a very beautiful chart, a lot like $PEP and NESN.
5 Wave climb since 2000, followed by a perfect 3 wave pull back now and already tested the 0.5 Fib at $139 from a high of $276
The guidance for growth is still not great here so I believe this can drop down further to the standard Wave 2 pull back level at the blue line and 0.618 Fib at $106....but a hold here and you have a solid long term position
Dividend of 3.76% too.
