Today’s instrument is General Mills Inc.‘s stock traded in the NYSE exchange under the ticker GIS.
Looking at the GIS‘s chart, we see that it was lastly traded at around $80.65.
In two days, it is announcing its quarterly earnings and if the market’s anticipation is positive, then we could expect the price to rise towards its resistance level between $82-82.50, otherwise, it should test its support level at around $79.
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