Today’s instrument is the Campbell Soup Co.‘s stock traded in NYSE exchange under the ticker CPB.
Looking at the CPB‘s chart, we can see that it was lastly traded at around $52.15.
Today, Campbell Soup Co. is announcing its quarterly earnings, and if the market’s anticipation is positive, then we should see the price testing its resistance level at around $54, otherwise, we could see the price falling towards its support level at around $50.50.
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- Source: https://www.fxstreet.com/news/could-campbell-soup-cpb-stock-fall-towards-the-5050-level-202303081019
