GIS a consumer staples is set up long and is a good defensive play for recession or black swan
events. The idea is on the chart. I am long since the first of the year. Adding for small dips
on the daily or 180 minute chart. Food is about as basic as it gets. GIS is a market leader.
TSN idea also. What about McDonalds?
General Mills ( NYSE:GIS ), the iconic maker of Cheerios and a wide array of pantry staples, has once again exceeded market expectations in its third-quarter earnings report, buoyed by strategic price adjustments across its product portfolio. Despite challenges stemming from inflation and shifting consumer preferences, the Minnesota-based company's proactive...
Reasons for bullish bias:
- Price-giving accumulation phase breakout
- Bullish divergence
- Earnings on 20th March, might pump up
Here are the recommended trading levels:
Entry Level(CMP): 67.87
Stop Loss Level: 61.16
Take Profit Level 1: 74.58
Take Profit Level 2: Open
If you haven`t bought GIS before the rally:
nor sold the potential selloff:
Then analyzing the options chain and the chart patterns of GIS General Mills prior to the earnings report this week,
I would consider purchasing the 62.50usd strike price Puts with
an expiration date of 2024-4-19,
for a premium of approximately $0.60.
If these options prove to be...
Hello, all. In this video I break down with my technical analysis on NYSE:GIS
As, always thank you for watching my video and please feel free to comment down below! I look forward from hearing from you.
Comprehensive Analysis of General Mills, Inc. (GIS)
1. Current Status and Performance 📈
As of the most recent data, the current price of GIS is $65.18. Over the past 12 months, GIS has returned -17.05%, underperforming the SPY's performance of 13.09%. This performance has earned it a C (54.38%) for its Overall Grade.
2. Financials 💰
General Mills' financials...
Will update
Overview shows a similar pattern to the dot-com bubble where GIS acted as a strong hedge against the washup and the recession)
Its reputed as a 'boomer stock' that pays dividends
Beautiful trendline retracement (so far) and RSI reading is extremely oversold.
Worth taking a position, should pump to at least 70$ before any major further downside (which...
Hi again guys another stock for you ,,,I think it is getting close to suitable area for start a long position on that buy that little by little and wait for selling to the bounce .....
Gooood Luuuuck
If you haven`t bought GIS here:
or ahead of earnings here:
Nor sold it here:
Then analyzing the options chain and the chart patterns of GIS General Mills prior to the earnings report this week,
I would consider purchasing the 65usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $1.52.
If these options prove to be...
Hourly Chart.
First bullish alert with bullish crossover in about 2 months to try a new bullish wave.
Double top at $74.
Waiting a positive price action.
The PEAD projected a bearish outlook for NYSE:GIS after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 33.33%.
GIS
It's the last chance to sell before correction to $55 price target.
Now it should be a small upside or flat to sell "a good Consumer Defensive share" to retail investors.
On 1W chart MACD and RSI are very high.
On 1M chart MACD and RSI are enormously high!
If you haven`t bought GIS here:
Then Analyzing the options chain of GIS General Mills prior to the earnings report this week,
I would consider purchasing the 80usd strike price Puts with
an expiration date of 2023-7-21,
for a premium of approximately $1.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
General Mills has recently gained support after retracing to key fib levels. Moving sideways and starting to trend up is giving us a buy signal. GIS earnings are on 6/28 - be careful holding through earnings.
