TF: D 1. MACD Lines Entering Bottom 2. KC Price Drop Below Lower Line 3. MACD Histogram Bear Losing Power 4. Pullback 5. Impulse System Green or Hollow 6. All-Time High 7. Price Back to Blue Line/ Value Line (Entry Price)
Kraft Heinz ($KHC) earlier corrected down to the golden support level 42.56, standing well outside of the lower daily Bollinger Band. Given the sharp uptrend – rated by Selected Alpha at the 79% level – which is also incorporating the sharp upward impulse from January (its strength is ranked at the 86.8% level) Kraft Heinz longs/short-term shorts will be reacting...
We have just exceeded the Bollinger Band and may expect a further rise to retest the high again. Notice: The price could not correct downwards below the Band.
(This is not financial advice) Quick consumer staples play here. I think tech will bleed a little bit this week at least for the early week. I think some of that money will rotate into recover and consumer staples which lagged last week. We are in a good uptrend here with KHC and hitting resistance but this could be a good chance to break through resistance here....
ENTRY: 39.97 SL: 28 TP1: 42 TP2: 48 - ADX>25 - RSI>65 - RS and FFI +ve - Daily MACD just turned +ve - Weekly MACD +ve - MAs aligned - Breakout with good volume on 26 Mar 2021
I have changed up how to best display projected movement. In the case of KHC, 6 of my algorithms signaled a SELL on March 29, 2021. Equities nearly always obey the signal and move down, but sometimes it may continue to move up first. I have placed two red boxes and two green boxes on the chart. The larger red box depicts all of the historical movement, from a...
KHC has been in a falling channel for 4 years. Then finally with a strong bounce off $20 it has broke through the channel. At this point watch for the upwards weekly close over $35. There should be very little resistance to $44 and a break above that could send KHC into a bull run for the next several years. There also could be a long period of accumulation....
Please follow the alphabetical callouts. The trigger suggested by the white line. the Payout ratio in the end calculating a return of 25%. I think this would take a 2-3 month hold. so perhaps one more round of dividend.
Keeps looking better and better, holding currently
Looking for a breakout at the $42.00 level and was bouncing off the 50day MA on the 5th: PT- $42.50 - Inverse Head & Shoulders on 1 month accompanied by a steady increase in volume as rotation into the sector as well as unusual Bullish option activity (Call Sweeps). Needs to break and hold above resistance
Everyone will keep buying ketchup. Inflation, deflation, stagflation whateflation. Target 1: Fill the gap ($41+) Right neckline complete to satisfy the completion of the H&S. Trade active at green.
After trying to break the $36.15 line several times, it has now broke it and ready fill the gap at $48.85
Kraft Heinz - Buy setup If current projection holds, Kraft Heinz could see min. $40.32. If we break below $35.29, the projection will be invalidated. Give me a follow and I will post more charts. Good luck and trade safe.