American Stocks Analysis
Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
General Mills driven lower by pivotal resistance - Analysis - 07-09-2022
Economies.com
2022-09-07 12:08PM UTC
General Mills' stock (GIS) fell after the pivotal resistance of 77.00 held on, while gathering momentum to recover anew, amid the dominance of the main upward short-term trend, while the RSI reached oversold levels, leaning on the 50-day SMA support.
Therefore we expect the stock to return higher, targeting the resistance of 80.00, provided the resistance of 77.00 was breached.
Expected trend for today: Bullish
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