Looking at the GIS General Mills options chain, i would buy the $77.5 strike price Calls with 2022-10-21 expiration date for about $1.30 premium. Looking forward to read your opinion about it.
Is GIS part of the global Supply Crunch? After several months our GIS retail play is holding up nicely but will they crush earnings? It seems they're poised to knock this out the park on 12 21, but anything could happen. Please DYOR before jumping in to GIS, read their prospectus & recent SEC filings, so there are no surprises. Full disclosure considering cutting...
I read some stuff on social media bashing General Mills about price increases. While I don't agree with corporate greed, rising prices and outlandish CEO pay, I also don't agree with sitting back & doing nothing. I don't have all the answers but I did get into supply side trades last year. I wont give away all the details, but not buying the obvious things that...
General Mills is lagging behind the bull Markets , it can fly to $82
Risk 0.5% and volatility 50%. we hope it can growth 5 times minimum at 10 years. at least we hope it can give us 50% growth in 1 years
long scalp maybe, careful though in long term down channel
STILL GOING...
rejection below 60.7 coupled with a support and a long candle signals a long Today's close should give me the last indicator I need to long. Will update.
GIS retracing for a small 1:1 RR opportunity long
Fascinating long term price action in General Mills against the S&P 500. Is it a flight to defense? We may be able to use this spread as an indicator for stocks.
$GIS offers a very interesting chart setup here, weekly might erupt into a fierce rally, so buying it after confirmation would prove tremendously profitable if it holds up after earnings. I'd wait for the report to buy it on dips after earnings are out of the way but you could accumulate it during a couple weeks, on dips as well. The sector is the least popular...
Reasons: - MA200 touched - Bearish candle confirmation - Overbought - Overall bearish trend High R:R up to 1:5 for second target Risk 0.5% of capital per trade
I am predicting a bottom out by the date and price shown.
Nice breakout and reversal, look to close the gap and head back towards 50.
GIS is a dividend fortress. The company has been in business for over a 100 years. Due to missed earnings, I believe that the stock has been oversold. This seems to be a good entry point before the next earnings report.