Sanderson Farms could regain its upward trend after having ran out of steam.

The group enjoys upward revisions of earnings per share and growth previsions.
With a P/E ratio of 8.77x, the valuation is really attractive, and imply good price for investors.

Graphically, buyers influence have been downsized. As the trend in the short term became bearish, investors should benefit from a return near a pertinent support area and a trend-line to buy the stock. This area is also supported by well-oriented moving average in weekly data.

In presence of this pattern, a rebound should be anticipated in the USD 88.4 area. Investors could open a trade on this level in order to profit of an interesting entry point with a stop-loss below the medium term support. Targets will be USD 96.4 and then USD 102.6.