See how the Falling Wedge is playing out for GIS. View live chart.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
A clear signal has emerged for General Mills (GIS) on the daily chart. The stock is trading at $37.42, up 0.56% on the day. The primary technical feature is a Double Bottom formation. This setup is supported by average volume turnover. A potential breakout level is identified at $46.0, targeting $56.36 with support near $40.82 (R:R 2.0).
What is your outlook on GIS?