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	Comments on: Trade Ideas &#038; Market Update 6-10-19	</title>
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		<title>
		By: Suncor123		</title>
		<link>https://rightsideofthechart.com/trade-ideas-market-update-6-10-19/#comment-6613</link>

		<dc:creator><![CDATA[Suncor123]]></dc:creator>
		<pubDate>Mon, 01 Jul 2019 15:55:37 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=191636#comment-6613</guid>

					<description><![CDATA[Great Thank you Randy!]]></description>
			<content:encoded><![CDATA[<p>Great Thank you Randy!</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/trade-ideas-market-update-6-10-19/#comment-6429</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 10 Jun 2019 18:35:56 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=191636#comment-6429</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/trade-ideas-market-update-6-10-19/#comment-6426&quot;&gt;Suncor123&lt;/a&gt;.

Sure. CPB has been moving steadily higher since backtesting the bullish falling wedge at the same time it fell to the 35.80ish support on May 31st. The first chart below is the bi-daily chart that I posted CPB as a trade setup on April 5th right after the breakout but expecting the stock to move lower to backtest the wedge before rallying, which is exactly what happened.

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The next chart is the updated daily chart with CPB recently taking out my 39.55 price target &amp; I&#039;ve also added on an additional support level at 40.23 which now forms a support zone (29.55- 40.23). A pullback to that just above that level (to avoid risking missing a fill, should it reverse just shy) and down but not below the bottom of that support zone would offer any objective long entry. Should CPB fail to pull back that much, the next upside target is just below 45.00.

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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/trade-ideas-market-update-6-10-19/#comment-6426">Suncor123</a>.</p>
<p>Sure. CPB has been moving steadily higher since backtesting the bullish falling wedge at the same time it fell to the 35.80ish support on May 31st. The first chart below is the bi-daily chart that I posted CPB as a trade setup on April 5th right after the breakout but expecting the stock to move lower to backtest the wedge before rallying, which is exactly what happened.</p>
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<p>The next chart is the updated daily chart with CPB recently taking out my 39.55 price target &#038; I&#8217;ve also added on an additional support level at 40.23 which now forms a support zone (29.55- 40.23). A pullback to that just above that level (to avoid risking missing a fill, should it reverse just shy) and down but not below the bottom of that support zone would offer any objective long entry. Should CPB fail to pull back that much, the next upside target is just below 45.00.</p>
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		<title>
		By: Andrewwright		</title>
		<link>https://rightsideofthechart.com/trade-ideas-market-update-6-10-19/#comment-6428</link>

		<dc:creator><![CDATA[Andrewwright]]></dc:creator>
		<pubDate>Mon, 10 Jun 2019 18:03:18 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=191636#comment-6428</guid>

					<description><![CDATA[Thanks. Accidently deleted my question.]]></description>
			<content:encoded><![CDATA[<p>Thanks. Accidently deleted my question.</p>
]]></content:encoded>
		
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		<title>
		By: Suncor123		</title>
		<link>https://rightsideofthechart.com/trade-ideas-market-update-6-10-19/#comment-6426</link>

		<dc:creator><![CDATA[Suncor123]]></dc:creator>
		<pubDate>Mon, 10 Jun 2019 17:54:24 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=191636#comment-6426</guid>

					<description><![CDATA[&lt;a href=&#039;https://rightsideofthechart.com/members/rsotc/&#039;&gt;@rsotc&lt;/a&gt; Hi Randy can you give an update on where to buy this pullback on CPB Campbell soup ? Thanks]]></description>
			<content:encoded><![CDATA[<p><a href='https://rightsideofthechart.com/members/rsotc/'>@rsotc</a> Hi Randy can you give an update on where to buy this pullback on CPB Campbell soup ? Thanks</p>
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