AUDvantages

CPB Bullish For Global Stock Rebound

Long
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NYSE:CPB   Campbell Soup Company
CPB (Campbell Soup Co.) is trading around $37.08 today and the market cap stands around 11.167-BLN which renders it a very defensive bullish stock-trade idea.

CPB target is $38.50 for a 3.8% difference from latest quote $37.08. The duration for this trade idea is 1-6 weeks. An appropriate secondary target is $44 for an 18% difference from current quotes.
Trade geschlossen: Ziel wurde erreicht:
Wildly successful play bullish Campbell Soup Co. stock for the rebound. The secondary target is nearly reached and that took less than 10 days. The primary target took less than 4 days to close on; well before the intended duration of 1-6 weeks!

Price stands at $42.34 from the original trade idea initiated at $37.08 - a 14% difference standing after 8 days. With the broad stock market rebound complete it's time to revert bearish NASDAQ and S&P 500 via index.
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