KHC Inverse Head and Shoulder targeting just under $42

23 thg 12, 2019

Looks like KHC has hit a potential bottom with a formed an inverse head and shoulder.
Monthly PSAR flipped bullish.
Targetting the 23.6% retracement which matches H&S measured move at just under $42

15 thg 1, 2020

Ghi chú

Updated estimate
Looks like we are seeing a reversal after a bump and run
Looks like a break of the trend line could lead to closing the gap in Fed 2019
Maybe $40 by earnings?

25 thg 1, 2020

Ghi chú

Updated estimate

9 thg 2, 2020

Ghi chú

Bullish

14 thg 2, 2020

Ghi chú

Looks to me like we finished a wave 2
Which formed as a right shoulder
78.6% retracement met


[Image]

14 thg 2, 2020

Ghi chú

[Image]

14 thg 2, 2020

Ghi chú

Issue uploading image from phone. Will try at home