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westcoasttrader
Jan 12, 2020 8:39 PM
KHC head and shoulders bottom forming
NASDAQ:KHC
1W
The Kraft Heinz Company
NASDAQ
Description
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Jan 12, 2020 8:39 PM
KHC has been crushed this year but now is showing in to the right shoulder of a Head and Shoulders Bottom.
Using the Edwards and Magee 3% entry rule I have an entry of $34.42 and a measured Target price of $41.55.
This one sits of the watchlist.
Trend Analysis
Chart Patterns
Head and Shoulders
More