UnknownUnicorn7216011

CPB - Double Bottom Breakout?

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NYSE:CPB   Campbell Soup Company
Watching for entry on a breakout above the .5fib and a retrace support entry at 50.
I meant to publish this Friday EOD @47.53 but got sidetracked.

Initial Target = 618fib @54
Long-term hodl target = 786fib @60

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Good luck, happy trading and stay chill,
2degreez
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If CPB can continue to hold these current levels and not violate the 382 and the current regression uptrend, I would start a position at these current levels. I personally prefer this type of setup under normal market conditions.
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