Back in KRFT for a channel breakout. In 54.57 Target 57.50

119 3 0
Thanks for the clarification, you may be right.
What do you think would cause the potential breakout? Looks like it could still go either way to me.
Barker techanalysis2151
Agreed, could go either way here is what I'm seeing.

We had a failed breakout on Wednesday last week. I like the candle that we put in on 10/31 as long as we hold above 54.25. I realize that the stochastics on the 60 and daily are pointing down but I'm looking for a close above 54.75 this week to confirm a push right back up to and thru the top of this downward channel.

Regardless KRFT is a newer issue and looks excellent longer term.
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