CAMPBELL SOUP CO. - CPB
Monthly chart shows price below 8ema currently, but support is right below at the 34ema.
Weekly chart shows price below all key moving averages, with resistance currently at $36.75 to - $37.
Daily chart small consolidation range. Friday brought out the sellers as they gapped the price down at the open, and closed it on its lows at the end of the trading session. Look for further weakness ... a test of the lows perhaps before a final break and lower.
Sunday, October 21, 2007
CPB Analysis For 10.21.2007
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