KHNZ trade ideas
KHC: Oscar Meyer LoserKHC is having a rough week. The news broke on Friday that they had to write down $15b in acquisitions from brands including Oscar Meyer. With a market cap of $58, any investor should be alarmed when a company writes down a quarter of their valuation! The largest holders of KHC are Berkshire Hathaway and 3G Capital, so anyone that followed Buffet into an earlier long play is likely kicking themselves.
This morning opened with a small upward price movement that appears to be the short squeeze from anyone holding short overnight through the weekend. The price is still dropping and will likely continue as investors who had their stop limits gapped over will be adjusting their orders top get out soon. Expect a dead cat to bounce a few times, but be certain that this is going down and wise investors will not try to catch a falling knife until the downward price action settles into a bottom and an upward trend shakes loose from the volatile swing trading to come.
Technicals are supporting this. MACD and ADX/DI flipping from bullish to strongly bearish instantly. RSI went from 58 to 15 in one trading session, and volume is spiking along with short interest. There may be a buying opportunity at the end of this once the price bottoms out, but don't try to catch this falling knife unless you want to get cut.
KHC- long but divi cut stingsSold 2 short puts at the 32.5 strike for a buck each with 55 days to expiration. A 35% drop after an S.E.C. inquiry and a cut of the dividend could spell trouble for this trade but I will roll this one and take assignment if necessary. I am not sure if Buffet owns this one or maybe he is the one that sold today and dropped it like this? The yield on this stock is still higher than the 10y bond so I can get a little return for bagholding in this one. Wish me luck.
Kraft Heinz Price Prediction 9 February 2019 MESSAGE ME FOR A DETAILED REPORT
I am predicting it will reach the green area by the time and price shown, or at least bottom on the yellow column.
Tools Used:
Fibonacci Retracements, Wedges, and Arcs
Gann
Lunar Cycles
Stoch
Square of 9's
Value Line Investment Survey
Some Fundamental Analysis
Ichimoku
MESSAGE ME FOR A DETAILED REPORT
Kraft Heinz 17 RRR shortTrading Methodology:
1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend.
2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point.
3. A trend-based Fibonacci retracement triangle is drawn starting from the earliest trend touch point and ending at the earliest touch point of the opposite trend line .
4. Based on the degree, of the earlier defined angle, the appropriate (and secret) levels are selected for the fibonacci retracement ; two levels for stop-loss and two levels for take-profit. The closest stop-loss level to the current price level is the top priority stop-loss. Though the secondary stop-loss level is often chosen for some markets such as FX and some equities in order to account for seldom unexpected resistance breaks. The greater target level is the top priority, and where majority of the shares are sold, though some may choose to close part of the position at the first target level or set it to be the stop-loss once price exceeds it. Entries should be laddered in around the levels closest of the yellow line.
This trading strategy can be applied to any market and time frame, and positions most often garner the greatest risk-to-reward ratio with the highest success rate. What more can you ask for? I will only be posting my unique trading strategy until EOY. I work solely with price action to identify pennants and apply unique trend-based fibonacci retracement levels for SL and TP levels. Reach out to me if you have any questions.
KHC SpeculationBigger picture is suggesting we have been moving bearish for quiet some time. Prices are cheaper than ever. We can see that fresh demand is forming which implies big money is starting to buy. On a retest of demand i will look for a long entry and take profit before reaching the next area of supply.
$KHC Kraft Heinz Fresh Lows$KHC Kraft Heinz breaking through support down to a fresh 52-week low today. Long term chart looking very bearish, has been in a clear down trend the entire year. Expecting a continued decline into the 4th quarter. Targeting mid-40s by December. Next earnings release is November 1st.
Note: Informational analysis, not investment advice.
Long in KHCKHC is in a support zone and the idea here is to buy in a retracement after a strong upside movement.
Kraft Heinz Co.. possible bullish B/OForming Ascending triangle base ...looking for a B/O of the R/S Price $60
KHC - Fibonacci retracement to test bottom price levelHeinz should have reached the lowest level of retracement at current price level, expected to bottom and reverse.
Kraft-Heinz only way is up!Even though kraft heinz is a buy for a few months. Now we also have the technical support to start going up again. it could also be a bounce. but if the support breaks i would still say its a buy becouse the share is getting very cheap. the only downside of kraft heinz is that they sold a lot of their portofolio so their gross earnings keep falling, but all investors know this. Long we go!
