A bullish scenario could start in Kellog. The rationale behind this is due to the price breaking above the down trendline, and holding its ground above it on closing basis. Target price is at 70.25$, stop level a close below 67.80$ (today's low)
Hi guys. I think K is going lower for now but I would not take short positions but rather wait for another support level. It's now showing some strength in my modest opinion. Another well defined low should be a good long entry. Thank you for taking a look.
Kellogg slight stochastic divergence in a falling channel. Looking for the bounce and possible move up out of the channel. Buy: 63.25 Stop: 62.30 Target: 64.57 - 66.98 (2.08% - 5.90%)
I like the volume today and the gap up. I see a retest of resistance of $65 in the near term. Play with shares or options.
Looking for K to move to target.
please see (1) earlier chart .
It's a opportunity to buy and hold this ETF for a short to mid period. Stop loss 2% below the support line.
Interesting bullish setup for the medium term targeting reaching the channel resistance line
On chart gap is related to Kellogg laying off 400 workers in their Texas plant. This is not a positive sign for future.
Kellogg Company has been in a clearly defined downward trend since February 2017. On April 26, Kellogg broke down and away from the wedge pattern it had been in. From this point, the stock broke down to around 68.60 which fell in line with a support trend line that began February 2014. The current resistance line is steadily dropping. The projected future...