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Analysis: #NASDAQ $KHC
Case 382 #The_Kraft_Heinz Company
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#KHC 1/4
Case 382 #The_Kraft_Heinz Company
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#KHC 1/4
Chart 1
Weekly Chart: The 2015 #trendline contained the downside and price has risen to close/hold above 3 year trendline #resistance with the #SMA 20 and 50 at 29.21/10 supporting further upside. Immediate resistance is 43.57 then .....
KHC 2/4
Weekly Chart: The 2015 #trendline contained the downside and price has risen to close/hold above 3 year trendline #resistance with the #SMA 20 and 50 at 29.21/10 supporting further upside. Immediate resistance is 43.57 then .....
KHC 2/4
..... the #Fib 0.50 at 49.70. A close/hold above 64.99 targets 76.46 quickly as the Fib 0.618 at 68.06 will offer weak #resistance.
KHC 3/4
KHC 3/4
