KHC is Bullish
Price was in a downtrend, however a bullish divergence with a double bottom reversal pattern hints that bulls are trying to assume control of the price action. If lower high is broken successfully then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.