Food & Beverage Titans: Macro Fib SchematicsThe biggest food and beverage companies in the world consist of Nestle, Coca Cola, Pepsi, Unilever, Mondelez, Kraft Heinz, Tyson, and Hormel. These are the main ones but there are other ones as well. I have linked the rest in my other idea below. While it does not cover every single company in the group, it highlights the Main Titans of the sector.
I have shown their main products showing why they are the Titans dominating grocery stores. Especially thing like Pepsi and Coca Cola. Just for example, people do not know that they own many other brands and companies themselves.
KHC trade ideas
Kraft Heinz downside breakoutRectangle breakout from a pattern which started over 2 years and 5 months ago. Price retested the bottom of the rectangle on Oct 10th but continues to fall and could head towards the early 20s.
WARNING: This is not a recommendation to trade. Do your own research and make your own decisions.
KHC broke its first resistance - bull run continuesNASDAQ:KHC Broke its first resistance successfully and now onto the next target of around $38. something indicated in the charts.
Also, a bullish divergence can be seen as well which anticipates the future bull run and trend reversal from bearish run.
The Kraft Heinz - Pure S/RPlaying around with pure charting and no indicators to see where it ends up by end of week. Basing my future price targets on identified support and resistance. The S/R can be identified by the white and blue lines. The blue lines representing more significant S/R. My goal is to get within $0.10 of either identified price targets by the end of the week.
KRAFT HEINZ Stock Chart Fibonacci Analysis 101423 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 36.4/61.80%
Chart time frame : D
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
Kraft Heinz Long - Bottom is in!I'm very confident in this idea.
I believe the bottom is in, structure has been broken and a clear range has formed with confirmation price will now rise.
This is good for a long term investment and also a trade idea in which you can gain over 30% until the first target.
There is also a dividend of over 5% on this stock which makes it great to hold long term in potentially turbulent periods to come. This robust company I suspect will hold up well in recessionary periods.
break or make it Title: Make It or Break It: Reversal Pattern Observed in Heing Kracft
Dear TradingView community,
We've witnessed an interesting development in the market which could bear significant implications for our trading strategies. We’re talking about none other than Heing Kracft, a stock that has shown some intriguing behavior lately.
A keen eye may have noticed a certain pattern unfolding in the Heing Kracft chart, specifically a reversal pattern. For those unfamiliar, a reversal pattern is a significant change in price direction of a stock and often indicates a shift in the sentiment of the market towards the asset.
Over the past trading period, Heing Kracft's price actions have formed what seems to be a classic reversal pattern. The chart shows a transition from a previous downward trend into a potential upward trend. This could be an indicator of a new bullish market phase for Heing Kracft, making it an intriguing opportunity for traders and investors alike.
A crucial point to remember, reversal patterns do not provide a guarantee of a complete trend reversal, but they do offer a probabilistic edge - an edge that can be leveraged to improve the potential for positive outcomes. It's important to validate this signal with other technical analysis tools and consider the wider market context.
Before you decide to 'make it or break it' with Heing Kracft, let's consider several factors:
1. **Volume:** Has there been a significant increase in trading volume during the formation of the reversal pattern? A high volume could confirm the pattern's reliability.
2. **Support and Resistance:** Look at the key levels of support and resistance. Has the price managed to break above a key resistance level during the formation of this pattern?
3. **Market Sentiment:** Are there any fundamental changes to the company or the market that might have caused this reversal?
4. **Risk Management:** Always consider your risk tolerance and ensure that your potential losses are manageable if the trade does not go as planned.
In conclusion, we are standing at a potentially transformative moment for Heing Kracft. This could be a break-or-make point, a moment of significant opportunity. As always, we encourage you to do your own research and thoroughly analyze all variables before making any trading decisions.
Remember, intelligent trading is not about certainties but about probabilities. With careful analysis and sound decision-making, we can aim to be on the right side of those probabilities.
Let's watch this space closely.
Happy Trading!
Kraft Heinz: Head and Shoulders Bearish MACD CrossingKHC has been trading up within this range since the 2020 mania brought it here and I've been waiting for it to form this tentative right shoulder and as of right now after it's given us a Monthly Bearish Engulfing at the 55-Week EMA and the MACD has officially given us yet another level of Bearish Convergence I think we can safely say this looks quite bearish and is likely to go down to make some retraces.
One other thing to note is that in recent years, KHC has been selling off all of their brands to other big Food Companies, with the most recent one that comes to mind being the selling of Planters to Hormel Foods for 3.3 Billion Dollars and Cracker Barrel to Lactalis for 3.2 Billion Dollars; Which raises the question as to why KHC feels the need to sell of so many of its well known assets if they aren't currently in a position where their stock price may be considered overvalued?
KHC Kraft Heinz Super consolidation Great long Term Hold L@@K!!Not financial advice
Please read
We have what I refer to as a super consolidation period here
We bottomed out at 19.00 on 2020 COVID crash and been following the trendline ever since then.
We had a double bottom at 33.00 which acts now as support
And a 44.00 double top which acts as resistance.
So that is consolidation for the eventual rise up.
From 19.00 to resistance is a 120% gain roughly
I do believe the stock market pulls back another 20-30% here this year which also lines up with the entry points and consolidation range of 33.00
So between 33-36.00 would be my ideal entries sometimes in late 1st quarter 2nd quarter 2023.
Once we break thru resistance of 44.00 it's game one with a target of 98.00( the 120% repeat returns)
A triple top rejection and loss of 33.00 range my entries would be around 22.00-24.00
A triple top rejection usually means a 50% correction. And 50% of 44.00 is 22.00
Let's see what happens.
Always practice patience.
Moves won't happen overnight
#PIK
Patience is Key
#TLAW
Think Like A Whale
Kraft moving to the upside of the range soonOur algorithm has sent us an alert on Kraft.
It has been trading in a clear range which is hard to see in today’s market conditions and now has created a head and shoulders with and embedded V end pattern inside.
Both patterns have been seen thousands of times before by our algorithm and with a win rate of more than 75% are good patterns, especially when formed together.
The idea is to buy if the price breaks the blue line and find a take profits in the upper zone.
Note that we prefer a 2:1 risk reward ratio and take profits before we arrive in the crowded upper zone, but you could think in a 3:1 risk reward if you just go for the price pattern objective.
In our opinion, there could be some pull-back before we arrive to the upper zone, so we prefer to take an almost 8% profit than being stuck in this stock during weeks to earn a 12%.
We have new patterns every day so having cash available is crucial to do not miss future opportunities.
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.