New “Go” trend identified for Campbell Soup Co.
After enduring a relatively long “NoGo” correction we see that to end the week Campbell Soup was able to paint an aqua “Go” bar. Coinciding with that trend color change, we see the GoNoGo Oscillator finally able to break above the zero line in to positive territory on heavy volume. Current price is right at resistance levels from the basing pattern and so we will look to see if price can make it above these levels which would see the “Go” trend established.
