brennanman007

Strong Stock, 3 down moves

Long
NYSE:GIS   General Mills, Inc.
General Mills is a strong strong stock in a strong sector. It has recently made a 40 day high and a retracement. It is at an area of strong horizontal support. It has made three symetrical pushes down and is ready for support. There is bullish divergence on the hourly timeframe. Next level of support is at $58, where I will place a stop loss slightly below. My profit target is the 40 day high or greater.
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