KHC Inverse Head and Shoulder targeting just under $42

Mis à jour
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
Note
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?

snapshot
Note
Updated estimate

snapshot
Note
Bullish

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


[Image]snapshot
Note
[Image]snapshot
Note
Issue uploading image from phone. Will try at home
FibonacciHead and Shouldersheinzkraftkraftheinz

Aussi sur:

Clause de non-responsabilité