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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

The Consumer Staples Bubble Is Popping

Stocks in this article: ABV BUD CL GIS K KMB KO PEP PG

Risky Level: Price at which to enter a GTC limit order to sell on strength.

Ambev (ABV) ($39.65 vs. $42.44 on March 25) still has a buy rating and set a multi-year high at $47.17 on Jan. 31. The stock is now below its 200-day simple moving average at $41.08. The weekly chart profile is negative with the five-week modified moving average at $41.76. My weekly value level is $38.52 with a monthly risky level at $45.09.

Anheuser Busch (BUD) ($96.28 vs. $98.10 on March 25) still has a buy rating and set a multi-year high at $101.86 on April 10. The weekly chart profile shifts to negative on a close this week below the five-week MMA at $96.91. My semiannual value level is $79.38 with a quarterly pivot at $97.67 and monthly risky level at $100.99.

Colgate Palmolive (CL) ($117.90 vs. $114.41 on March 25) still has a buy rating and set a new multi-year high at $121.44 on April 23. The weekly chart profile is positive but overbought with the five-week MMA at $116.28. My monthly value level is $112.50 with a weekly pivot at $119.12 and quarterly risky level at $123.28. The high was between $119.12 and $123.28 on this parabolic stock.


General Mills (GIS) ($49.34 vs. $48.15 on March 25) has been downgraded to hold from buy and set a multi-year high at $50.90 on April 23. The weekly chart profile is extremely overbought with the five-week MMA at $48.10. My monthly value level is $47.41 with an annual pivot at $50.80 and weekly risky level at $51.04. The high was between $50.80 and $51.04 as this parabolic stock was downgraded.

Kellogg (K) ($65.43 vs. $63.39 on March 25) has been downgraded to hold from buy after setting a multi-year high at $66.84 on April 23. The weekly chart profile is extremely overbought with the five-week MMA at $63.60. My annual value level is $60.79 with a monthly pivot at $66.48 and weekly risky level at $67.25. The high was between $66.48 and $67.25 as this parabolic stock was downgraded.

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