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Kraft Heinz to 55 USD according to iHS

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NASDAQ:KHC   The Kraft Heinz Company
Due to the inverted Head and Shoulders and respecting the Fibonacci Retracement levels we can expect KHC to go up to 55 USD.

TP Levels:
42 1st
55 2nd
68 3rd


Fundamentals aswell will give us a switch back to defensice stocks.


This is not an investment advice, just my own opinion.
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breakout happened up to 39 USD with a retest of the 1.236 Fibo at 36.60 USD
now we got higher up to 39.70 and retest a minor Fib at 38.20

the run to 55 USD should now be clear
Kommentera:
yes, finally above 42 USD - next stops are in the 47 to 49
according to the next Fib Levels :)
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