Looks like KHC has hit a potential bottom with a formed an inverse head and shoulder. Monthly PSAR flipped bullish. Targetting the 23.6% retracement which matches H&S measured move at just under $42
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Updated estimate Looks like we are seeing a reversal after a bump and run Looks like a break of the trend line could lead to closing the gap in Fed 2019 Maybe $40 by earnings?
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Updated estimate
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Bullish
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Looks to me like we finished a wave 2 Which formed as a right shoulder 78.6% retracement met
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Issue uploading image from phone. Will try at home
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