Barker
Long

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

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techanalysis2151
3 years ago
What do you think would cause the potential breakout? Looks like it could still go either way to me.
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Barker techanalysis2151
3 years ago
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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techanalysis2151
3 years ago
Thanks for the clarification, you may be right.
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