$K Kellogg with a nice top & bottom line earnings beat recently, followed by a sell-off likely related to guidance.
With that said, it's held above the 20d ema line and had a nice bounce off support around $68.70 on Friday to form what could be a bullish hammer and start of a near term uptrend.
Also of note, Ex Dividend date of 8/31 - could see additional buying leading up to this date.
Near term target: $75.00-$76.00 range by end of August
With that said, it's held above the 20d ema line and had a nice bounce off support around $68.70 on Friday to form what could be a bullish hammer and start of a near term uptrend.
Also of note, Ex Dividend date of 8/31 - could see additional buying leading up to this date.
Near term target: $75.00-$76.00 range by end of August