From a technical perspective, Hormel Foods (HRL) is looking like an interesting pick, as it just reached a key level of support. HRL recently overtook the 200-day moving average, and this suggests a long-term bullish trend.The 200-day simple moving average is a useful tool for traders and analysts, establishing market trends for stocks, commodities, indexes, and other financial instruments over the long term. The marker moves higher or lower along with longer-term price moves, and serves as a support or res ...