General Mills' stock (GIS) kept falling in the intraday levels, amid the dominance of the downward correctional short-term wave, with negative pressure from the 50-day SMA, marking a fresh loss of 0.39% in the last session, or 33 cents, and settling at 84.18, while the RSI reached oversold levels, curbing losses.
Therefore we expect more losses for the stock, targeting the first support at 81.57, provided it settles below 86.22.
Expected trend for today: Bearish
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