Jun. 14 at 6:18 PM
$GPK is pressing against a key descending trendline, looking for a clean break. The long-term thesis is simple: the transition from single-use plastics to fiber-based packaging is a secular trend, and Graphic Packaging is the primary infrastructure provider. If the bulls can clear this trendline, the technical structure opens up for a run back to the higher end of the range.
🐂 Bull Level: Break
$11.00 to confirm the move toward
$12.50+.
🐻 Bear Level:
$9.50 must hold; a drop below here invalidates the breakout setup.
#GPK #SustainablePackaging #Packaging #ESG #hovdid
