The Kraft Heinz - Pure S/R

14 Nov 2023

Playing around with pure charting and no indicators to see where it ends up by end of week. Basing my future price targets on identified support and resistance. The S/R can be identified by the white and blue lines. The blue lines representing more significant S/R. My goal is to get within $0.10 of either identified price targets by the end of the week.

15 Nov 2023

Nota

I didn't forecast the fed announcement affecting the stock that positively. Either way, it looks like it's found solid support above $33. Will continue tracking it :)