Morning Trend | The Campbells weakens and approaches support, will bottom-fishing funds dare to enter?
Campbell Soup Company (CPB.US) has recently shown extremely weak performance, continuously probing lower at the bottom, approaching the phase support level. Many keen investors in the community have begun to position themselves for bottom fishing, but the question of "whether the bottom is underfoot and whether the rebound can materialize" remains a suspense. Reviewing the recent market, Campbell Soup's high point this year has fallen over 15%, and the defensive sector is facing capital withdrawal, with institutional "conservatives" losing their defensive stance. The current stock price is just a step away from the $45 support, and there have been occasional attempts by the main force to test buying, but the sustainability is insufficient. Opinions in the trading community are divided; one side believes that the continuous decline here has released risks, and there is hope for capital inflow, while the other side worries that "breaking down will continue to clear out." From the perspective of capital flow, some long-term American family funds have begun to gradually accumulate, but large funds and quick money are still limited in scale and remain cautious. On the technical side, indicators like MACD continue to weaken, with bottom divergence signals just beginning to appear but not solid enough. In terms of operation, it is suggested to pay attention to whether a stop-loss volume can form in the $45-$46 range in the morning session. If there are large orders sealing the board or unusual surges during the session, it can be seen as a prelude to a rebound; otherwise, short-term focus should remain on observation. It should be noted that once the support of such weak stocks is lost, it is easy to trigger a stampede, so operations must leave room for maneuver. The community is in a fierce battle between the "blood on the knife edge" factions, "who dares to fire the first shot in bottom fishing, whether to feast or be cut will soon be revealed!" Under extreme weakness, unusual movements can occur at any time, and patience is needed to wait for signals to capture the true low point
Campbell Soup Company (CPB.US) has recently shown extremely weak performance, with the bottom continuously probing lower, approaching the phase support level. Many keen investors in the community have begun to position themselves for bottom fishing, but whether "the bottom is underfoot and whether the rebound can materialize" remains a suspense.
Reviewing the recent market, Campbell Soup Company's year-to-date high has fallen over 15%, and the defensive sector has encountered capital withdrawal, with institutional "conservatives" losing their defensive stance. The current stock price is just a step away from the $45 support level, and there have been occasional attempts by the main force to test buying, but the sustainability is insufficient. Opinions in the trading community are divided; one side believes that the continuous decline here has released risks, potentially triggering a capital inflow, while the other side worries that "breaking down will continue to clear out."
From the perspective of capital flow, some long-term American family funds have begun to gradually accumulate, but large funds and quick money are still relatively small in scale and remain cautious. On the technical side, indicators like MACD continue to weaken, and the bottom divergence signal has just begun to appear but is not solid enough. In terms of operation, it is recommended to pay attention to whether a stop-loss volume can form in the $45-$46 range in the morning session. If there are large orders sealing the board or unusual surges during the session, it can be seen as a prelude to a rebound; otherwise, short-term focus should remain on observation.
It should be noted that once the support of such weak stocks is lost, it is easy to trigger a stampede, so operations must leave room for maneuver. The community's "blood on the knife edge" faction is in a tug-of-war, "who dares to fire the first shot for bottom fishing, whether to feast or be cut will soon be revealed!" Under extreme weakness, unusual movements can occur at any time, and patience in waiting for signals is essential to capture the true low point
