KHC Inverse Head and Shoulder targeting just under $42

23 dic 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 gen 2020

Nota

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 gen 2020

Nota

Updated estimate

9 feb 2020

Nota

Bullish

14 feb 2020

Nota

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


[Image]

14 feb 2020

Nota

[Image]

14 feb 2020

Nota

Issue uploading image from phone. Will try at home