westcoasttrader

KHC head and shoulders bottom forming

NASDAQ:KHC   The Kraft Heinz Company
KHC has been crushed this year but now is showing in to the right shoulder of a Head and Shoulders Bottom.
Using the Edwards and Magee 3% entry rule I have an entry of $34.42 and a measured Target price of $41.55.
This one sits of the watchlist.

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