Due to the inverted Head and Shoulders and respecting the Fibonacci Retracement levels we can expect KHC to go up to 55 USD.
TP Levels:
42 1st
55 2nd
68 3rd
Fundamentals aswell will give us a switch back to defensice stocks.
This is not an investment advice, just my own opinion.
The trend change could be in full swing and a strong signal would be a close of the gap. Can Kraft Heinz gather enough strength to make the breakout?
That would be 30% price increase and maybe more!
