I was watching KHC since it hit news streams with eyes opening 25% drop opening waiting for it to show some strength. I believe daily chart and weekly as well finally giving us a signals to go long or even invest into Kraft Heinz Company longer term. We can see on a chart stopping volume on a gap opening day. RSI divergence on daily and RSI going above 30 today. A...
Almost everyone has noticed the bad news about the KHC, which is owned by the legendary investor Warren Buffet. The fundamental analysis could still point to further weakness, but the technical analysis might be a bit more optimistic. We can see some nice patterns on the shorter timeframes (1H-4H). After the big drop, a consolidation triangle had formed, which...
Kraft did something stupid in the previous years, which was reducing their marketing. they though their brand was strong enough but as you can see. it started to take a hit. They been beaten down a lot but I am confident that they can turn this company around. Especially when your a company that Warren Buffett has stake in. They are going to use their analytics...
Here is the update to my first post:
The slope of 30MM is negative, and the price is going down. The RSI is low. Don't buy.
$KHC Kraft Heinz breaking through support down to a fresh 52-week low today. Long term chart looking very bearish, has been in a clear down trend the entire year. Expecting a continued decline into the 4th quarter. Targeting mid-40s by December. Next earnings release is November 1st. Note: Informational analysis, not investment advice.
KHC is in a support zone and the idea here is to buy in a retracement after a strong upside movement.
Kraft Heinz Co (NASDAQ: KHC) is at a Critical Make-Or-Break Zone around 78.10 and is showing signs of Buyer's Momentum . If it manages to continue moving above this zone, the Buyers may gain easy control over the sellers to shoot up the price to the upside as per TTC Breakout Formation . For Short-term targets, Trader should eye on 79.20 Zone . Then 80.10...