KHC Elliott Wave w/ Support and Resistance Im pretty bullish in the short term on Kraft leading up to investor day - support and resistance levels represent decent trading ranges
KHNZ trade ideas
HEINZ: Strong Value for 2020; Wait for ConfirmationOver my past several ideas I have been discussing about "value for 2020" and here is yet another example of one. Contrary to some of my other sectors that I have touted (which have already built momentum), HEINZ still has quite a bit of short interest and negative momentum.
However, this is an example of a stock that got slaughtered in 2019 and due for quite a drastic run up - when that happens is anybody's guess specifically but with a new CEO, a stock thats heavily undervalued and a juicy dividend, its hard to resist buying and holding.
With a likely short coming sometime in 2020 in Q1, I see little reason why the stock doesn't close the gap to just below $29.00, in which case the stock would be a good buy. If not, we would want to wait for a further push above this month-level consolidation before putting in a buy.
- zSplit
Ready for the next leg upNice .786 retrace within a upward trending wave pattern. I like the chance of a move higher compared to a move lower - place your bets
KHC Inverse H&SKHC has formed left shoulder and head, time will tell if the right shoulder is formed. Possible island bottom also. Rising MACD shows promise also.
KHCcanonical in volume and shape reversal model H&S (head and shoulders)
- the Golden cross is formed"
- the asset is above all daily moving averages
- volume output
Strong Buy
KHC - Inverted Head and ShouldersQuick update on KHC idea. The stock still goes through accumulation phase. Accumulation takes lots of time and it is better to switch to weekly TF from daily to see the progress. On weekly TF I see the inverted head and shoulder pattern showing up, allowing us to project targets if it plays out and breaks neckline. Weekly 50 Simple Moving Average is also at a neckline level right now providing resistance. It needs to be broken to confirm bigger rally.
Kraft HeinzKraft Heinz | KHC has spent the last two and a half years in a downward trend, having shed 66% from it’s peak of 93.21. Now, the technical setup is signaling the potential for a reversal of the downward trend with the price having regained the 200-day moving average and having formed a 10-month base by way of an inverse head and shoulder formation. Two daily closes above the resistance level of $34.25 triggers the technical setup for move back to $42.
KHC heading higherPrice action should continue higher this week. Looking for a nice move to the 33.37 level.
KHC - Potential 5th Wave Long Swing Trading OpportunityUsing our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Swing Trading Opportunity for KHC on the Daily time frame . The 5th wave move in an elliottwave sequence is the highest probability move.
The wave 4 pull back has found support in the Amber zone of our probability pullback zones, which represents an 80% probability that our automated 5th wave target zone, in blue on the chart, will be hit.
We see yellow dots formed in the overbought zone on our special False Breakout Stochastic indicator, which signals strong Bullish momentum. When, during a wave 4 pullback, the stochastic pulls back against these false break out dots and crosses in the oversold zone, there is a high probability the stocks price action will resume the overall bullish trend .
We also measure the wave 4 behaviour with our Elliottwave oscillator, which has pulled back within our pre-determined zone.
So overall we have identified, using our Elliott Wave Indicator suite for TradingView, a high probability long swing trading opportunity for KHC , Daily Time Frame , with the following entry strategy:
Long entry through $31.63
Stop Loss $29.98
Target $34.50
Giving a Risk to Reward of 1:1.6
Learn more about our Tradingview indicator suites by watching the video tours >>HERE<<
KHC Reversal?Christmas shopping might just be around the corner, waiting to see conformation will probably be a longer waiting game for this one. 180 EMA is looking better but we'll have to stay and see where this goes, dividend is good. Keeping on eye on this for now, bullish so far based on what it's show the past 3 months
H&S time for reverseSeem that KRAFT after the huge drop, in the chart is forming an interesting Head and Shoulder pattern and so a reversal in trend, let see what will happen in these coming weeks
KHC to 35$ by end of JanuaryClassic wave analysis setup:
- Wave 3 with increasing volume
- Wave 4 triangle consolidation (Place stop below wave 1 peak). Great Buy of KHC at 29.80-30.20
- Wave 5 will be a slow melt up
precio actual 28.55$ x share compre PUT con vencimiento DIC-20 precio actual 28.55$ x share
compre PUT con vencimiento DIC-20
PRIMA 120$
KHZ: will the W-bottom pattern increase in strength?Risky trade.
Typical W-bottom pattern is busy unfolding.
Might developed into a stronger pattern.
The short term market consensus for Kraft Heinz Co(KHC)
The short term market consensus for Kraft Heinz Co(KHC) have change to Bullish as at October 17,2019
We will execute the following trade:
Global Entry Signal: Buy @ $27.77
Global Stop Loss:@ $25.58
Global Target Profit:@ $33.84
Global Trade Management Strategy: We will applied the Global Trailing Stop System for Global Trading Strategy #4
Trading is risky
There is a substantial risk of loss in futures and forex trading. Online trading of stocks and options is extremely risky. Assume you will lose money. Don't trade with money you cannot afford to lose.
