Pantry Staples: Macro Fib SchematicsGeneral Mills, Kellogg, Campbell, Hershey, Smuckers, Sysco, McCormick & Company, and ConAgra are a handful of the largest American pantry/snack favorites.
These Fib Schematics look pretty good and are easy to decipher. This makes this a good idea other than the fact that I should have grouped my tow food ideas differently. I have another Food Idea linked below with the rest of the Big Food Players.
Kellogg
K Kellogg Company Options Ahead of EarningsAnalyzing the options chain and the chart patterns of K Kellogg Company prior to the earnings report this week,
I would consider purchasing the $67.50 strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $3.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Kellogg found a strong support?Kellogg Company - 30d expiry - We look to Buy at 66.71 (stop at 65.04)
Levels below 67 continue to attract buyers.
Bespoke support is located at 67.
66.45 has been pivotal.
Preferred trade is to buy on dips.
The primary trend remains bullish.
We are trading at oversold extremes.
Bullish divergence is expected to support prices.
Our profit targets will be 70.88 and 71.88
Resistance: 68.50 / 69.20 / 70.00
Support: 68.00 / 67.00 / 66.45
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Kellogg: Company splitting!!Kellogg Company
Short Term - We look to Buy at 71.09 (stop at 67.91)
This stock has recently been in the news headlines. They are splitting into 3 strategic companies which will increase efficiencies. The stock reacted premarket by breaking out of the triangle formation to the upside. This is positive for sentiment and the uptrend has potential to return. We look to buy dips.
Our profit targets will be 81.87 and 84.00
Resistance: 76.00 / 82.00 / 88.00
Support: 70.00 / 66.00 / 60.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
6/12/22 KKellogg Company ( NYSE:K )
Sector: Consumer Non-Durables (Food: Major Diversified)
Market Capitalization: $23.618B
Current Price: $69.58
Breakout price: $70.00
Buy Zone (Top/Bottom Range): $68.65-$66.90
Price Target: $72.60-$73.80
Estimated Duration to Target: 49-52d
Contract of Interest: $K 7/15/22 70c
Trade price as of publish date: $2.00/contract
K Daily SetupNYSE:K daily long setup:
Over the last few weeks prices have filled in the gap made on the May 6th earnings and then formed a double bottom at that support level. On Friday prices broke the top trendline and MACD has crossed positive.
Buy taking out Friday's high at 64.57
Stop Loss under double bottom at 62.41
Profit Target 72.78
Risk/Reward 3.8
K Kellogg - Daily, Weekly, 12day Setup - Buyzone, CAD, TargetsK
BUYZONE = 56-58
Cost Avg Down (CAD) = 50-53
1st Target = 382fib 65
2nd Target = .5fib 69
3rd Target = 618fib 73
HODL Target = 87+
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
$K Kellogg Holding Support - Ex Dividend 8/31$K Kellogg with a nice top & bottom line earnings beat recently, followed by a sell-off likely related to guidance.
With that said, it's held above the 20d ema line and had a nice bounce off support around $68.70 on Friday to form what could be a bullish hammer and start of a near term uptrend.
Also of note, Ex Dividend date of 8/31 - could see additional buying leading up to this date.
Near term target: $75.00-$76.00 range by end of August
K Dividend Medium hold.Kellogg confirmed bounce off 17 year trend line.
Low beta Dividend KING with 56 years of YoY increases or level dividends.
Currently at a great entry for medium(Late 2019) and long term(5+year) holds.
Targets :
Medium $66
Long $90
At current levels a 15 year hold would be at approximately $38 cost basis using uncompounded dividends.