General Mills (GIS): Death Cross

General Mills (GIS) just flashed a death cross.

General Mills (GIS)
CLICK IMAGE TO VIEW AT FULL SIZE

The yellow price bars indicates a lack of outperformance vs. SPX.

GIS is in a triangle pattern. Tough call which way it will be heading next.

For Reference

The death cross (technical formation when the 50-day moving average drops below the 200-day) can be used as a filter to help narrow down the field. Next, use the Seven Steps to Better Stock Trading to evaluate the sentiment and price action. Better yet, sign up for The Select 20 Stock Picks or use my free Total Indicator for eSignal.