Looking bullish on KHC immediately. Check the video out!🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
KHC
Kraft Heinz | KHC | Long at $32.00Kraft Heinz NASDAQ:KHC currently has a 4.88% dividend and anticipated earnings growth (though modest) through 2027. Inflation benefits the food industry and Kraft Heinz may do well moving forward. From a technical analysis standpoint, the chart is in the accumulation zone around my selected simple moving average and may be preparing for a larger move up. Currently in a personal buy zone at $32.00.
Target #1 = $42
Target #2 = $47
Kraft Heinz Company (KHC): The Beginning of a Massive MovementSince its IPO in 2015, the Kraft Heinz Company chart reveals a clear downward trend. From a high of $97.77 in 2017, the stock has fallen to $19.99. This could be considered Wave (1). While the exact bottom is uncertain, we anticipate a further decline below the $19.99 mark over the coming years.
After hitting $19.99, the stock formed a three-wave structure upwards, typical of a corrective wave. This suggests that Waves A and B have been completed, and we are now entering Wave C or Wave (2). This wave is expected to reach between 50% and 78.6% retracement levels, translating to a price range between $58.64 and $80.81.
Currently, the stock is trading within a high-volume node between $25 and $41, with the Point-of-Control (POC) at approximately $35.50, indicating the highest traded volume at this price level. This POC can act as a pivot point, potentially leading to a breakout in either direction.
Given the high-volume node and the potential completion of the corrective wave, we might soon see an upward breakout. However, monitoring these levels closely is crucial to anticipate the stock's next move.
Examining the 4-hour chart of the Kraft Heinz Company, we can see a bullish structure emerging since Wave B, which was established at $30.68. This bullish trend is characterized by a five-wave structure leading to Wave (i), followed by a correction to Wave (ii). Currently, we are developing the sub-waves (1) and (2).
The chart shows that we are still adhering to a wedge pattern. Recently, liquidations above Wave 1 have been collected, and support was perfectly respected at the end of last week. This support level is crucial for maintaining the bullish structure.
Looking ahead, if this support holds, we expect Wave (iii) to potentially reach the $45 mark. This provides an opportunity to plan entries. However, caution is advised since entering bullish trades within a generally bearish trend can be risky.
It's imperative that this support level holds. A drop below it would invalidate the short-term bullish scenario. Furthermore, we should not fall below the $30.68 level of Wave B. If this level is breached, we will need to reassess and re-evaluate the entire structure.
Kraft Heinz Company (KHC): From IPO to a Bearish MomentumKraft Heinz Company (KHC): NASDAQ:KHC
Analyzing The Kraft Heinz Company on the weekly chart, we've observed a notable price movement since its IPO in 2015. Initially, there was an uptrend until 2017, followed by a three-year downtrend culminating in the COVID-19 low at $19.99. Our current analysis suggests an impending upward movement. We anticipate Kraft Heinz to retrace between 50% and 78.6%, targeting ranges between $58.64 and $80.81 for the second Wave (2), indicating we're likely in a Zigzag correction phase. It's expected that Wave (3) will eventually fall significantly below the $19.99 level, marking a process that will unfold over years.
A closer look at the daily chart clearly shows the 61.8% retracement level for the Zigzag correction at $30.68. We now expect the stock to rise well above the $45 mark, reaching our specified target areas without falling below again.
Despite a longer-term bearish outlook, we'll monitor the 4-hour trend for potential short-term bullish opportunities. We are confident that Kraft Heinz will experience an uptrend in the upcoming months before continuing the longer-term downtrend.
Looking bullish on KHC very soon! 🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
KHC: WARREN BUFFET'S HOLDING BREAKOUTKHC (Kraft Heinz):
I like the risk vs reward on the daily chart as it broke the neckline of an inverted head and shoulders and has just come to retest the breakout spot.
Good enough for a long swing trade for me. Target of the inverted head and shoulders is in the 45 zone.
If you look at the weekly chart, you'll see a nice rectangle range between 32.65 and 44.65.
We're now in the middle of that range so if the inverted head and shoulders plays out we could reach the top of the rectangle.
Stop at 38.2.
Trade safe!
KHC (Range Trade)Price closed Friday under $40.50 after almost reaching that same price this week but stalling out near $40.44. This stock tends to move slower than others. $41.50 to me is a safe price range with zeroing out at $42 worst case before we lose money. Daily bar Friday closed under the most recent candle before that as well to note. Wave 3 may lowkey be a wave 5 but not sure. Might wait til the fed decision and cpi reports pass next week to get a second look.
Waiting for confirm $DJI, plus other positions, 50% cash nowNO GAP $DJI UP so what now?
Looks like there's still momentum, it's early in day
Yesterdays HANGING MAN is warning sign, NOT a reason to go short, let's see how day fares
Waiting for CONFIRMATION
$ATVI is our largest position, rolled 1/2 $TWTR $ there
$BHP
#GOLD #SILVER
Bought $VZ last week
Own $INTC @ 28
$AMC last week
Still have trailer $LEU
Still hodl $CLX $MPLX $KHC
Cash in major account is 50%
In others it's bit less
No "day trading/aggressive" $ used
KHC short term...shortI firmly believe that this stock will go down in the next 2-3 weeks and that breakout you can see from the last 2 trading days is false. The stock has outperformed the S&P over the previous 3 weeks, but the buyers' power seems to have gone a bit. The stock needs some fresh air to regain the 200D EMA before a new retest of the resistance.
KHCLooks like we are in a range here. We just came off of a wave 5 motive. At some point, there will break out. If price doesn't break the high of (C) I would expect a retest anywhere between 61% to 100% of wave (A). Our stop loss is set at the top of the consolidation range. Happy Trading! This is a safe haven stock so be careful and dont use too much risk!
The Kraft Heinz Company KHC setting up for a pop. With all the markets moving I wanted to test out something on a stock that had not moved yet. KHS is checking all the boxes. I drew the rough idea of what it should do. It doesnt matter until Price gets to the last two set of blue lines. If price moves up at an angle from the beginning to almost the end Enter a trade and watch what happens after price crosses the last blue line.
by iCantw84it
05.31.22
Kraft Heinz is ready to take off eventually !
An ABC in the form of a target of an inverted contraction triangle
+ This ABC is in the form of a large X-wave after deep shaving or a three-wave in the form of a triangle or a diamond that is forming in a larger scale.
+ Target is minimum of $ 49 and maximum of $ 70( which can achieve the goal of the classic Cup pattern).
KHC LONG TERM BUYHere is KHC creating a big green bullish candle on the monthly time frame. This is the perfect time to enter. We have a upward channel that I do believe it will be in support with. It hit a large area of support and plan on it creating new found Higher Lows and Higher Highs. This stock long term is looking great. Great potential.
KHC is the 5th holding of Berkshire. What can we expect? Today we will look at Kraft Heinz, a stock in the top 5 holdings of Berkshire Hathaway, that has not been performing yet with stellar results, but that may change, or not... So first, let's look at some conclusions from a technical perspective.
-From 2017 to 2019, the price was clearly on a bearish trend, defined for the most external trendline (white line)
-From 2019 until the beginning of 2021, we observed a consolidation period where the price moved sideways between 37.00 and 27.00
-From 2021 until now, we observed the beginning of a slightly bullish trend and the first breakout of the bearish trendline
-Now, we can see a corrective pattern on the edge of the previous trend (this type of behavior is typical to see when the price is about to break a key level (trendlines, or support/resistance. We will tend to observe any type of corrective patterns.
Ok, what now? What's your view? I have defined activation, invalidation levels, and targets based on all the previous elements. IF the price reaches the green horizontal line, I will consider that my analysis is active, and I will think it is no longer valid if the price reaches the red horizontal line. The target for this movement is 64.00 (on the next resistance level), which means a 60% increase from the activation level.
Regarding time , I think a movement like this will need around a year to happen (if it happens, of course...)
What if the price never reaches the activation level and keeps falling? Then I will cancel my view.
Are you trading this with your personal account? No, I'm not taking this setup. However, I find it an interesting chart, from a technical perspective and under the idea that it is the number 5 holding of Berkshire Hathaway.
Thanks for reading; feel free to share your view in the comments.
Kraft Heinz (KHC) approaches support level 42.56Kraft Heinz ($KHC) earlier corrected down to the golden support level 42.56, standing well outside of the lower daily Bollinger Band. Given the sharp uptrend – rated by Selected Alpha at the 79% level – which is also incorporating the sharp upward impulse from January (its strength is ranked at the 86.8% level) Kraft Heinz longs/short-term shorts will be reacting to the support level 42.56 – when Kraft Heinz ($KHC) approaches it – increasing the probability of the intraday upward reversal from this price level.