Key levels for KHC
Updated
A breakout over $36 could indicate further upside with a large gap to fill.
50 day MA provides initial support followed by 200 day + previous support level.
Headwinds: questionable earnings report with large write down from slowing restaurant / commercial sales. *record US retail sales.
50 day MA provides initial support followed by 200 day + previous support level.
Headwinds: questionable earnings report with large write down from slowing restaurant / commercial sales. *record US retail sales.
Note
Holding over the 200 day MA for the first time in 2 years could signal bottoming
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