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.
Today we will look at Kraft Heinz, a stock in the top 5 holdings of Berkshire Hathaway, that has not been performing yet with stellar results, but that may change, or not... So first, let's look at some conclusions from a technical perspective.
-From 2017 to 2019, the price was clearly on a bearish trend, defined for the most external trendline (white...
NASDAQ:KHC
Evidence: Price Action,
TP1: 35.6$
TP2: 36.4$
TP3: 37.10$
Call options Strike 37$, 10TH Dec 2021 Delta 0.15
Call options Strike 35$, 10TH Dec 2021 Delta 0.45
100% Profit at 36$
*This is my idea and could be wrong 100%
KHC seems ideal to go long here. We had a nice bounce in the rising trend channel floor. SL if it breaks down from the channel. TP at prior peak, if you are patient wait for channel roof.
kraft, they sell mustard, ketchup,snacks, cheese. again trading view wants more info. 2nd try here. they sell food and make money. Last post here, sorry, too much of my time pleasing the bots for info. Adios
Been a relitiviety easy stock to trade. Its filled the gap and crap, had a failed breakout and now its sat above support at 35$. One can only predict that itll bounce from this level and push back up again to retest resistance.
Heinz coming off a clear wyckoff bottom, still needs to finish its 5h wave up. Im accumulating these levels still and looking for fib extensions target.
Great area to start building long position. Will add to position at lower channel bounds and retracement zones if we visit them looking for $60 target.
We can see $KHC has begun the right side turn. By mirroring the past decline we gain potential trajectory. Mid-term target of $58 with potential to retest previous highs and beyond, moving out further.
With a positive stream of earnings beating estimate, the stock looks ready to move up. The closing above 42.50$ level indicates a potential rally for the 48.50$ level then 54.25$.
Buying at market open, stop loss 10% below entry price.
Craft Heinz's earnings report came out today and it was pretty good. However, the price may go a little lower, so I would recommend to buy @ $35-37 and hold this stock for a few years.
