KHNZ trade ideas
Buying All the DipsKraft Heinz chart screaming "buy our dips" !
This Buffet darling has taken a serious beating since inception, crashing as low as -80% off the all time high. Buying after an 80% crash is generally the right time to begin accumulating an asset if you believe it has long term potential. Evidence of accumulation is also bolstered by the clean H&S bottom forming with lots of volume being traded down at these levels, as evidenced by the volume profile visual range.
Other bullish developments include the 200 dma flattening and beginning to slope up for the first time since the multiyear downtrend began. Additionally, if we invert the chart, we see an incredibly clean topping pattern that is just begging to crash lower and fill the gap.
For these reasons I'm long looking for the gap fill and a move to the .382 fib of entire chart range. I took a position in some relatively cheap long calls, will update this post before they expire. Happy trading!
Kraft Heinz, LongI am buying Kraft Heinz here at 35. I am normally not a fan of turn-around cases, like this. I do, however, think the risk is quite easy to manage, and I am therefore buying. My target will depend on the fundamentals, but my tentative target is between 50-70. (I know it is broad)
KHC Long, Breakaway GapBreakaway Gap,
Trendline Break
Demand Zone
Entry: 30
Stop: 28;
Target: 36; reward:risk=3:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
KHCHad really high hopes for this one. Took a bigger L than I should have. Oh well. Think the trend continues down from here until proven otherwise.
#KHC - Trendchanging + Gabclosing? #Kraftheinz #KetchupThe trend change could be in full swing and a strong signal would be a close of the gap. Can Kraft Heinz gather enough strength to make the breakout?
That would be 30% price increase and maybe more!
KHC - Possible reversalChart says it all, oversold indicators, price action on the daily chart shows buying pressure at support.
Tight stops at 3.53% of buy-in with relative targets between 6.5-9%. Offering R:R ratios of 2:1 - 3:1
KHC to Long, Daily Demand ZoneDemand Zone
EMA144 as support
Next Earning: 10/29 7:05 AM
Entry : 32
Stop : 30.7
Target1: 36; reward/risk= 3:1
Target2: 47; reward/risk=10:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
KHCAnother one I've been waiting on. Still looks good as long as it stays above the 50 sma. Should see $41 at least if above $36. Gap fill after that.
SPECULATIVE TRADE KHC (OPTION STRATEGY)SPECULATIVE TRADE KHC (OPTION STRATEGY)
BUY CALL OPTION 140 Days to expiration on 2021-01-15
STRIKE 45$
$KHC Ascending Triangle - Bullish Options Flow$KHC Ascending Triangle - Bullish Options Flow
Monitor for a close above $36 key resistance level. Big gap to fill all the way to $42.50 from Feb'19.
Huge deep-in-the-money bullish options flow today on Kraft-Heinz:
$123M in deep ITM calls ($15-$20-$22.50 strikes) for Jan'21 and Jan'22 expiration traded today. About 82k contracts in total vs OI of ~13k - or in other words 6x open interest.
An additional $6M in ITM calls ($25-$27.50 strikes) for Oct'20 expiration traded today as well. About 4 times open interest.
Medium term price target: $42.50
C&HBreaking from Cup and Handle Pattern. Appears to be pulling back. Handle Low has held so far
I charted this last night when TOS (ThinkorSwim) was working. It is not working today and it is the only platform I am familiar with. I guess I need to learn another for emergencies.
I will update any further targets when I can
Large Player Interest noted
Not a recommendation
Kraft brakes 36.15 and then heads upwardWhen I look at both the support and resistance it looks like this stock has been squeezed into a sideways channel break out. It’s like it could go down to the support line and then go up and then come down And then go up again into a tighter and tighter squeeze until it burst out at 36.14 or 36.15
KHC - gap-fill above 18% upsideWB's loser stock is performing this year. Hell, it even broke a downtrend by making a HH. It is resting at support atm with MA below it. With restaurants and businesses starting to open, their sales should also increase in that segment. The home segment is also buying more than before so there should be a good case for a profitable Q.
I would start building position and looking for immediate profit level 1 at the gap-fill at around 40$+.
