I was watching KHC since it hit news streams with eyes opening 25% drop opening waiting for it to show some strength. I believe daily chart and weekly as well finally giving us a signals to go long or even invest into Kraft Heinz Company longer term. We can see on a chart stopping volume on a gap opening day. RSI divergence on daily and RSI going above 30 today. A broadening formation is forming at the bottom. It might have last leg down, so better approach is to divide position amount into several entries (as usual) and scale in based on price action.
TP1 is gap down bottom line at $36.
TP2 is gap close if happened. It is huge gain from here so this TP2 will be refined later as we go. Let's just keep it in mind.
Manage your money properly and Good Luck!
TP1 is gap down bottom line at $36.
TP2 is gap close if happened. It is huge gain from here so this TP2 will be refined later as we go. Let's just keep it in mind.
Manage your money properly and Good Luck!
Dagangan aktif
Engulfing weekly candle is being printed. Good enough to make first entry.Dagangan aktif
Added at $32.90 based on weekly hammer-like candle forming. No more additions on the way up - only if drops lower. Targeting gap close for trade but this stock is also good for keeping long term as investment.Nota
Accumulation takes much longer time. (I think it is accumulation). Today price dropping. Wait for significant drop plus new evidence of reversal before adding to position. If drop is minor e.g. produced double bottom - ignore - position is already made. There is no need to risk more money.Nota
Waiting for bottoming signs to double position. Not there yet.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.