UnknownUnicorn7216011

CPB - Double Bottom Breakout?

Long
NYSE:CPB   Campbell Soup Company
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

____________________________________________
This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.

Good luck, happy trading and stay chill,
2degreez
Comment:
Comment:
Comment:
If CPB can continue to hold these current levels and not violate the 382 and the current regression uptrend, I would start a position at these current levels. I personally prefer this type of setup under normal market conditions.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.