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badbeatnuts
Aug 12, 2020 8:53 AM

KHC - gap-fill above 18% upside Long

The Kraft Heinz CompanyNASDAQ

Description

WB's loser stock is performing this year. Hell, it even broke a downtrend by making a HH. It is resting at support atm with MA below it. With restaurants and businesses starting to open, their sales should also increase in that segment. The home segment is also buying more than before so there should be a good case for a profitable Q.

I would start building position and looking for immediate profit level 1 at the gap-fill at around 40$+.
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