General Mills, Inc.
Long
Mis à jour

GIS GENERAL MILLS oversold (Hedge against recession)

115
Will update
Overview shows a similar pattern to the dot-com bubble where GIS acted as a strong hedge against the washup and the recession)
Its reputed as a 'boomer stock' that pays dividends
Beautiful trendline retracement (so far) and RSI reading is extremely oversold.
Worth taking a position, should pump to at least 70$ before any major further downside (which is highly doubt will happen here, but I can be wrong too).
Always practice Risk Management and trade safely.
Not Financial Advise.
Happy trading.
Note
snapshot
Note
while the market was dumping, boomer stocks were trading higher off the lows
profits is all we were looking for
snapshot

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