Not my favorite stonk to play but the trade worked to 1st target twice last trade.
CPB
BUYZONE = 47 - 48
Cost Avg Down (CAD) = 44-45
1st Target = 51
2nd Target = 54
3rd Target = 57
HODL Target = 63
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This content is for informational, educational...
As we can see in the graph it has a great resistance in the 45 approx.
Normally it usually goes up to 49 dollars
Besides that the Rsi marks oversold
Long
Buy at 45-45.2
Tp 49
SL 44.5
The PEAD projected a bearish outlook for $CPB after a negative under reaction following the earning release placing the stock in Drift D
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Hey traders, CAMBELL SOUP CO is in a bullish configuration, rebound on the vwap the market wants to go up possibility of breaking the range to find the highest and then falls due to the volume of purchases made since.
Please LIKE & FOLLOW, thank you!
Hello traders, CAMPBELL SOUP CO is in a compression zone, which it will break from above. The consolidation area can explode to see if it will break the new one.
Please LIKE & FOLLOW, thank you!
Watching for entry on a breakout above the .5fib and a retrace support entry at 50.
I meant to publish this Friday EOD @47.53 but got sidetracked.
Initial Target = 618fib @54
Long-term hodl target = 786fib @60
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This content is for informational and educational purposes only. This is not in any way, shape or form...
One of the many benefactors of the stay at home economy as bulk buying and food hoarding became the norm.
Earnings are approaching as is some heavy resistance levels.
Will reassess later in week
Recent price volatility says a lot about human behavior, but the long term price chart for Campbell's is relatively lackluster versus others.
No doubt consumer staples and essential items are going to get a boost here with upcoming earnings in Mid-may.
Worth watching. Post-earnings, I'm looking for $53/share.
As I am going over my portfolio I decided to analyze CPB . Tomorrows CPB will lose some ground on opening bell . Then sideways it goes making a sharp trend up possibly hitting the 56 range . Again using the red zone green zone is where the reversal will be . This is on the hourly using VWAP BSS RSI MOM . As I like to say failing to plan you wil fail. What's going...
Campbell Soup Co. may weather the coronavirus storm better than others -- and might even see a boost to revenue. I will invest immediately. Possible drawdown up to 45-47 dollars per share.
The Department of Homeland Security recommends stocking up on a two-week supply of food and water in preparation for a pandemic. That advice may drive consumers to buy...
![CPB: Campbell Soup Co. [ NYSE: CPB ]](https://s3.tradingview.com/i/ienZVgXv_mid.png "Campbell Soup Co. [ NYSE: CPB ]")
