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takemoreprofits

Breakout point of a falling wedge with divergence

Long
The Kraft Heinz Company (NASDAQ:KHC)  
takemoreprofits Updated   
NASDAQ:KHC   The Kraft Heinz Company
Trend Lines Wedge Oscillators Divergence
5
1
trendline wedgepattern oscillator divergence
KHC is hanging around the lower trend line, but it should be making a move up. It has some divergence and is at the breakout point of a falling wedge. Wait for it to retake TL and move up before getting in.. could go sideways a bit.

Buy: 79.00
Stop: 76.75
Target: 83.30 - 87.34 (5.44% - 10.56%)
Order cancelled
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