Campbell Soup price readies to tackel pivotal resistance - Forecast today - 23-04-2024

Campbell Soup Company’s stock price (SBP) kept rising in the intraday levels while tackling the pivotal resistance of $45.60, while trading alongside the upward correctional short-term trend line, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.

Therefore we expect more gains for the stock, targeting the resistance of $50.00, provided the pivotal resistance of $45.60 was reliably breached. 

Trend forecast: Bullish