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Analysis: #NYSE $GIS
Case 244 #General_Mills Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#GIS 1/4
Case 244 #General_Mills Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#GIS 1/4
Chart 1
Monthly Chart: Since peaking at the all time high of 72.95 price spent the next 3 years in a downtrend eventually finding #support at 2008 high and the monthly #SMA 200 (price has never closed below). A recovery is now on the way - a break and .....
GIS 2/4
Monthly Chart: Since peaking at the all time high of 72.95 price spent the next 3 years in a downtrend eventually finding #support at 2008 high and the monthly #SMA 200 (price has never closed below). A recovery is now on the way - a break and .....
GIS 2/4
..... close above 64.05 will target 71.32 very quickly and then begin to trade in a fuzzy #resistance zone 72.00 - 78.75 where choppy conditions are expected. The long term objective is 103.70-109.55.
GIS 3/4
GIS 3/4
