ChristopherCarrollSmith

General Mills Upside Breakout Catalysts

Long
NYSE:GIS   General Mills, Inc
General Mills reports earnings Wednesday and should stay above the trendline in the meantime. It has positive analyst ratings and a positive earnings surprise expectation from Zacks.

It may even break upward out of its parallel channel sometime in the next two trading days in anticipation of positive earnings , but at the very least I expect it to stay at the top of the channel.

It's then likely to report an earnings beat Wednesday and enjoy a nice pop to establish a new upward trend channel.

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