Long KHC/Kraft

Kraft did something stupid in the previous years, which was reducing their marketing. they though their brand was strong enough but as you can see. it started to take a hit.
They been beaten down a lot but I am confident that they can turn this company around. Especially when your a company that Warren Buffett has stake in. They are going to use their analytics and help this company get back on track.
They just had a dividend cut too, which was needed to adjust to the share price of this stock.
The chart is showing a reversal so I am going to take a stake now, with a super tight stoploss, if anything, i'll visit this stock again later on because if we get a recession, people are going to stop stop paying expensive prices for organic stuff and going back to regular.

Buy $32
Sell $35.99
Stoploss 31.75