KHC (Range Trade)

NASDAQ:KHC   The Kraft Heinz Company
Price closed Friday under $40.50 after almost reaching that same price this week but stalling out near $40.44. This stock tends to move slower than others. $41.50 to me is a safe price range with zeroing out at $42 worst case before we lose money. Daily bar Friday closed under the most recent candle before that as well to note. Wave 3 may lowkey be a wave 5 but not sure. Might wait til the fed decision and cpi reports pass next week to get a second look.


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