Tyson (TSN) is short from an average of $68.64. TSN stock is trading at $63.09 as of this writing. 110% of full core position size is being held.
TSN is a major meat producer. Meat inventories are hitting record highs. The problem with meat is that it starts stinking if it is not sold. There are indications that cold storages are running out of space.
In the very long term TSN can go down to $38 to $45. However the first target zone is $54 to $57.
Normally, we would do nothing at this time.