May 2021 going long GISRisk 0.5% and volatility 50%. we hope it can growth 5 times minimum at 10 years. at least we hope it can give us 50% growth in 1 years
GIS
$gis bouncing off oversold levels; downchannellong scalp maybe, careful though in long term down channel
GIS: likely a buy after today's closerejection below 60.7 coupled with a support and a long candle signals a long
Today's close should give me the last indicator I need to long.
Will update.
General Mills vs S&P 500Fascinating long term price action in General Mills against the S&P 500. Is it a flight to defense?
We may be able to use this spread as an indicator for stocks.
GIS: Strong weekly trend possible...$GIS offers a very interesting chart setup here, weekly might erupt into a fierce rally, so buying it after confirmation would prove tremendously profitable if it holds up after earnings. I'd wait for the report to buy it on dips after earnings are out of the way but you could accumulate it during a couple weeks, on dips as well. The sector is the least popular amongst analyst, as pointed out by @timwest.
Since I think Gold has likely peaked, it's likely to see stocks grind higher, for longer than most expect and finding the best chart patterns amongst the least popular stocks is the best way of profiting from this juncture.
Cheers,
Ivan Labrie.
Selling $GIS Reasons:
- MA200 touched
- Bearish candle confirmation
- Overbought
- Overall bearish trend
High R:R up to 1:5 for second target
Risk 0.5% of capital per trade
General Mills Corp (GIS) Price Prediction with Gann and IchimokuI am predicting a bottom out by the date and price shown.
General Mills (NYSE: GIS) May 7, 2018GIS is a dividend fortress. The company has been in business for over a 100 years. Due to missed earnings, I believe that the stock has been oversold. This seems to be a good entry point before the next earnings report.
