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It’s in contractionary triangle , i expect to make wave e in $35 and then it can be reach to above $50 , as wave c
Kraft Heinz is gonna be ready to jump finally , buy opportunity is $35-$36 for above $45 (at least)
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).
Here 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.