1KHC trade ideas
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
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Short KHC KHC has been trending down since 2017, 25 is the next relevant area of support if broken 20 is the next area of support.
KHCKHC’s innovation outlook is neutral based on a current score of 34 out of 99, underperforming sector average. Jobs growth over the past year has decreased and insiders sentiment is neutral. KHC is an Average Performer in terms of sustainability. It is most exposed to Mondelez International, Inc. as its supplier. Over the past 4 quarters KHC beat earnings estimates 2 times and it pays dividend higher than its peers.
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Risky: Kraft Heinz Company accumulation phase $15 - $25KHC is not looking good from a technical point of view and it's fundamentals are also not as strong as perceived before. Still the company owns some well performing brands which might pick up again in retail. For now, the stock is mostly out of favor. Annual Report 2018 suggests a healthy financial position, but with tremendous losses last year. The losses combined seemed partially to be caused by external factors and bad luck. The company might be able to restore trust comming year. With in mind its 30 billion USD market capitalization it won't hurt to pick up some KHC stocks between $15 and $25. If the company is able to reduce it's losses and phase out non-performing brands it might start to climb back to $48 within three years.
KHC - Found Support & Accumulating Hi friends, It has been a long time I haven't updated KHC idea. Since that time price action printed several signs of bottoming process is taking place. I have shown them on the chart. As mentioned in previous idea the day price opened with 30% gap down a big buyer (could be Warren Buffet ;) ) showed up and absorbed all the panic selling. It was a first and immediate sign beginning of accumulation process. Since then price hasn't moved higher but consolidated for significant time.
Subsequent drop in price after accumulation and return with gap up is our second sign of bottoming process is real and in progress. It gave up a range of accumulation $27-$31.50. I believe price will keep accumulating within that range until it breaks up.
The worst case scenario is double bottom pattern.
The best case scenario is upward gap will be tested and holds without being broken down.
Any purchase within this range will be good for investment. Obviously try to get the lowest entry possible within this range. Good strategy is as usual split your entries into at least 5 and slowly scale in.
Good Luck!
KHC - Where do we go from here?There's a monster gap to fill above blue sky here. 60% up? Or, if you believe in Fibs, 1.618 of $30, today's price range. Any buyers, besides the strange CALL interest around 31-32? Makes me wonder.
Jun 14, 2019 0.16 0.13 0.15 0.20 1290 300 KHC 31
Jun 14, 2019 0.09 -0.01 0.05 0.10 639 490 KHC 31.5
Jun 14, 2019 0.05 0.10 688 600 KHC 32
KRAFT 1D CONTINUATION TRIANGLEContinuation Triangle, Descending Triangles, Ascending Triangle and Ranges are repeatable trading chart patterns.
Triangles and ranges are consolidation chart patterns that can breakout either direction.
Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending volume bars and descending atr line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of average volume for a full position size.
b - If 75% of average volume then ½ position size.
2 - Enter two trades.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
KRAFT 1D RANGE TRADESRanges, Triangles, Ascending Triangle, and Descending Triangles are repeatable trading chart patterns.
Ranges & Triangles are consolidation chart patterns that can breakout either direction.
Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending volume bars and descending atr line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of average volume for a full position size.
b - If 75% of average volume then ½ position size.
2 - Enter two trades.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
brschultz Rule#1: BUY 34 SMAx500 Hull, Profit Target 340 SMA=$48brschultz Rule#1: BUY 34 SMAx500 Hull, Profit Target 340 SMA=$48
KHC passes Daily 34 SMA x 500 Hull - Blue Skies???KHC passes Daily 34 SMA x 500 Hull - Blue Skies???
KHC Daily Testing 34 SMA v 500 Hull - What a nail biter!!!KHC Daily Testing 34 SMA v 500 Hull - What a nail biter!!!
