Triple_Barrel_Capital

$KHC Kraft Heinz Fresh Lows

Short
NASDAQ:KHC   The Kraft Heinz Company
$KHC Kraft Heinz breaking through support down to a fresh 52-week low today. Long term chart looking very bearish, has been in a clear down trend the entire year. Expecting a continued decline into the 4th quarter. Targeting mid-40s by December. Next earnings release is November 1st.


Note: Informational analysis, not investment advice.

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