GIS #1Guys in this situation, you can thoroughly speculate, while the trend has not ended yet. I’m doing the best I can
GIS trade ideas
$GIS with a neutral outlook following its earning releaseThe PEAD projected a neutral outlook for $GIS following a positive under reaction reaction to its earning release placing the stock in Drift A
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GIS LongMonthly Support line
Daily demand is confirmed.
Entry 59.5
Stop 56.5
Target1 65.5; RRR 2:1
Target2 72; RRR 4:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Rebounce until earnings?GIS has touched the bottom of the bullish channel and is on a support line. it could go up to 67 while waiting for the earning call
We expect this sector stocks to reliably outperformShow Me the Money! 3 July, 2020, by Vladimir Rojankovski, Chief Analyst, Grand Capital
General Mills (GIS) released robust fiscal fourth-quarter 2020 results, with the top and the bottom-line surpassing consensus estimates. Moreover, earnings and sales increased on a year-over-year basis. The company’s adjusted earnings per share of $1.10 increased 33% year over year.
Net sales of over $5 billion increased 21% year over year and also surpassed most market estimates of $4,97 billion. Also, organic sales increased 16% on growth in North America Retail, Pet as well as Europe & Australia segments.
Success of General Mills amidst coronavirus ordeals follows similarly strong quarterly performances of other major U.S. food and staples retailers. Going forward, if situation around COVID-19 doesn’t drastically change – and we don’t see necessary prerequisites of it at the time – we expect this sector stocks, including recently launched Albertsons Companies, to reliably outperform.
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 now is in BUY situation Hey people ,**DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. GENERAL MILLS is in a very interesting moment, the attempt of the sellers was abort with a large volume possibility of breakout the stabilization zone.
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Strong Stock, 3 down movesGeneral 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.
General Mills Inc [ NYSE: GIS ]General Mills Inc
Pending Order Placement
Entry Placement 61.41
Take Profit Placement 64.86
Stop Loss Placement 59.11
GENERAL MILLS INC_longFor the second time in the last week of trading we are trying to take a strong historical level 58, which was formed in January 2018.
Last week's trading was a close-time retest, however, we failed to break through the level.
I will enter the long with a very small risk above 58.
I will hide the SL below 58 after the breakout.
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.
Companies that control the world’s foodConsidering the global scenario I wanted to put together a quick chart to visualize trends on the price of the companies that control the world’s food. The health of the global supply depends on companies like these so I think it might be good to keep an eye on them. I want to add companies that also provide other types of basic nutrition including: fruit, vegetables and other types of food. If you have any ideas happy to consider them and add them to the graph.
$GIS | 8HR TF | Coiling Pennant2 scenarios layed out, leaning bull no trade till a clear break on either side of the pennant, use stops when it does
