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TheChartGuru
08-15-2008, 11:33 AM
General Mills rocketing to $100. Currently, $67.70 near another 52 week high

The Guru
john_for_u80
08-15-2008, 11:57 AM
General Mills rocketing to $100. Currently, $67.70 near another 52 week high

The Guru

That would be nice. Guru- What technicals are you looking at other than it is out of squeeze on weekly time frame. 20-50DMA gap?

Do you think it pulls back to 66 area?

Even WU is a nice looking stock with strong fundamentals!

Thanks!
TheChartGuru
08-15-2008, 12:12 PM
That would be nice. Guru- What technicals are you looking at other than it is out of squeeze on weekly time frame. 20-50DMA gap?

Do you think it pulls back to 66 area?

Even WU is a nice looking stock with strong fundamentals!

Thanks!

I love the solid uptrend. The MA(15) keeps pushing the price higher. It does have a toppy weekly RSI(14) so I don't know if it is going to pull back or is that an indication of a very solid uptrend. I have a trailing stop loss at $67 just in case. I would buy more if if dips below $66, unlikely though.

The Guru