Technical Analysis Of Campbell Soup Company - Wednesday, June 7
Image Source: Unsplash
Today’s instrument is Campbell Soup Co.‘s stock traded in the NYSE exchange under the ticker CPB.
Looking at the CPB‘s chart, we can see that it was lastly traded at around $50.60.
Today, Campbell Soup Co. is announcing its quarterly earnings and if the market’s anticipation is positive, then we should see the price testing tis resistance level at around $52 if it passes that level, then it could approach the next one at around $54, otherwise we could see the price testing its support level at around $50.
(Click on image to enlarge)
More By This Author:
Daily Technical Analysis Of EURUSD - Friday, June 2
Intraday Technical Analysis Of Broadcom Inc. - Friday, June 2
Daily Technical Analysis Of USDJPY - Thursday, June 1
Disclaimer: Trading is risky. Information presented herein, is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any particular ...
more