KHC is a consumer staples, not a high flyng tech stock. Content to grind out a trend and take its
time, it now looks to rise from sideways action since the last earnings. It is approaching the
anchored VWAP where the big players sit waiting to pick up shares in the high volatility and
volume zone and so earn a living from other traders who are not as savvy....
Kraft Heinz Company (KHC): NASDAQ:KHC
Analyzing The Kraft Heinz Company on the weekly chart, we've observed a notable price movement since its IPO in 2015. Initially, there was an uptrend until 2017, followed by a three-year downtrend culminating in the COVID-19 low at $19.99. Our current analysis suggests an impending upward movement. We anticipate Kraft...
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Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
The biggest food and beverage companies in the world consist of Nestle, Coca Cola, Pepsi, Unilever, Mondelez, Kraft Heinz, Tyson, and Hormel. These are the main ones but there are other ones as well. I have linked the rest in my other idea below. While it does not cover every single company in the group, it highlights the Main Titans of the sector.
I have shown...
Rectangle breakout from a pattern which started over 2 years and 5 months ago. Price retested the bottom of the rectangle on Oct 10th but continues to fall and could head towards the early 20s.
WARNING: This is not a recommendation to trade. Do your own research and make your own decisions.
NASDAQ:KHC Broke its first resistance successfully and now onto the next target of around $38. something indicated in the charts.
Also, a bullish divergence can be seen as well which anticipates the future bull run and trend reversal from bearish run.
Playing around with pure charting and no indicators to see where it ends up by end of week. Basing my future price targets on identified support and resistance. The S/R can be identified by the white and blue lines. The blue lines representing more significant S/R. My goal is to get within $0.10 of either identified price targets by the end of the week.
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 36.4/61.80%
Chart time frame : D
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
I'm very confident in this idea.
I believe the bottom is in, structure has been broken and a clear range has formed with confirmation price will now rise.
This is good for a long term investment and also a trade idea in which you can gain over 30% until the first target.
There is also a dividend of over 5% on this stock which makes it great to hold long term...
KHC is close to my buy zone at 28-32 which is at least a 5% drop. I can see it reversing in that zone creating a new motive phase.
We must wait for rejection in my buy zone before entries can be put in.
Title: Make It or Break It: Reversal Pattern Observed in Heing Kracft
Dear TradingView community,
We've witnessed an interesting development in the market which could bear significant implications for our trading strategies. We’re talking about none other than Heing Kracft, a stock that has shown some intriguing behavior lately.
A keen eye may have noticed a...
KHC has been trading up within this range since the 2020 mania brought it here and I've been waiting for it to form this tentative right shoulder and as of right now after it's given us a Monthly Bearish Engulfing at the 55-Week EMA and the MACD has officially given us yet another level of Bearish Convergence I think we can safely say this looks quite bearish and...
if it stays within this compression, we could see a beautiful explosion in the coming weeks.
I would not take the low overrun of March/April 2022 into consideration since it coincides with the COVID emergency.
