American Stocks Analysis-March 2024-www.financetom.com

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American Stocks Analysis

Jun 3, 2024 5:52 AM

Kellogg Companys stock price (K) rose in the intraday levels, after leaning on the support of the 50-day SMA, amid the dominance of the upward correctional trend in the short term, with positive signals from the RSI after reaching oversold levels.

Therefore we expect more gains for the stock, targeting the important resistance of $62.95, provided it settles above $58.23.

Forecast today: Bullish

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