Campbell Soup Company $CPB is in a bearish trend that looks ready to extend lower. Price has been consolidating since Sept. 2017, but price action in 2018 is signaling bearish continuation.CPB Daily Chart(click to enlarge)Bearish Trend:- The daily chart shows a clear bearish trend. - After the consolidation in late 2017, there was a bullish push to $51, which was a previous support pivot. The market respected this as resistance, further confirmation that bears are in control.- Then, after the resistance at $51, price fell below the key support around $45.20. - But after the break below $45.20, price rallied sharply. - This sharp rally however found resistance at a common resistance around $48.10. We can say that price also respected the falling trendline.- Finally, note that the RSI has held under 60 since September, showing maintenance of the prevailing bearish momentum.- All these signs point to further downside in CPB. - Unless the market continues to keep CPB above $45.20, we should anticipate downside towards the recent low at $43.50, and then towards $40.