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jdmabry2012
Nov 14, 2023 3:16 AM

The Kraft Heinz - Pure S/R 

The Kraft Heinz CompanyNASDAQ

Description

Playing around with pure charting and no indicators to see where it ends up by end of week. Basing my future price targets on identified support and resistance. The S/R can be identified by the white and blue lines. The blue lines representing more significant S/R. My goal is to get within $0.10 of either identified price targets by the end of the week.

Comment

I didn't forecast the fed announcement affecting the stock that positively. Either way, it looks like it's found solid support above $33. Will continue tracking it :)
Comments
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade
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