General Mills price extends gains - Forecast today - 23-04-2024

General Mills’ stock price (GIS) rose in the intraday levels, amid the dominance of the upward correctional trend in the short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels, coinciding with the stock leaning on the SMA.

Therefore we expect more gains for the stock, targeting the pivotal resistance of $74.45, provided the support of $66.11 holds on.

Trend forecast: Bullish