Kraft Heinz to 55 USD according to iHS

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

Yorum:

yes, finally above 42 USD - next stops are in the 47 to 49
according to the next Fib Levels :)