We have called previously in our public chat, that us oil will be going up long term. It is holding over both of our moving averages and made a new found Lower High with the last 2 monthly candlesticks. I am expecting a lot more bulls to be coming in long term so when it breaches the next high around 80-85$, price will surge up.
Here is KHC creating a big green bullish candle on the monthly time frame. This is the perfect time to enter. We have a upward channel that I do believe it will be in support with. It hit a large area of support and plan on it creating new found Higher Lows and Higher Highs. This stock long term is looking great. Great potential.
I have previously called a buy on this stock at $24.30. It is up 53% from our first call on Nov. 6,2020. I am still looking for more buying power to come with this stock in the future. We will be holding our positions long term for this one.
