We have previously wondered how TSN could post earnings numbers that it did. The answer is now becoming obvious.  A class action suite against TSN for price fixing has been filed.  New target zone is $38 to $45.  New short zone is $72 to $78.

This is a very long-term position.

What To Do Now

Those in the stock may continue to hold.

Those not in the stock may consider scaling in on a bounce into the new short zone.