Momentum, Retracement, Support and Indicator Divergence for HRL

HRL is a strong stock, and has made three pushes to the downside. It is at the third push to the downside, at a point of critical support. I have drawn a line from prior support from price action and volume profile where I believe buyers will step in. There is divergence between price action and the CCI (10) indicator and weak divergence between price action and the RSI (10) indicator, both on the hourly. I have set my stop loss at the low below the volume profile , and have set my take profit at the volume nearest 1 measured move from my entry.