See how the Rounding Bottom is playing out for GIS. View live chart.
Gradual reversal from bearish to bullish.
Market participants tracking General Mills should note the latest formation. With a last close of $36.03, volatility remains active (1.35%). Price action has carved out a classic Rounding Bottom. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $39.56, targeting $47.91 with support near $35.38 (R:R 2.0).
What is your outlook on GIS?