How the price action of The Kraft Heinz Company Common Stock ($KHC) is used to our Advantage
October 03, 2023, 06:30 am ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for KHC
- Buy KHC slightly over 32.68 target 35.06 stop loss @ 32.59 Details
The technical summary data tells us to buy KHC near 32.68 with an upside target of 35.06. This data also tells us to set a stop loss @ 32.59 to protect against excessive loss in case the stock begins to move against the trade. 32.68 is the first level of support below 33.1 , and by rule, any test of support is a buy signal. In this case, support 32.68 would be being tested, so a buy signal would exist.
- Short KHC slightly under 35.06, target 32.68, stop loss @ 35.16 Details
The technical summary data is suggesting a short of KHC as it gets near 35.06 with a downside target of 32.68. We should have a stop loss in place at 35.16though. 35.06 is the first level of resistance above 33.1, and by rule, any test of resistance is a short signal. In this case, if resistance 35.06 is being tested, so a short signal would exist.
Swing Trading Plans for KHC
- Buy KHC slightly over 33.34, target 34.36, Stop Loss @ 33.24 Details
If 33.34 begins to break higher, the technical summary data tells us to buy KHC just slightly over 33.34, with an upside target of 34.36. The data also tells us to set a stop loss @ 33.24 in case the stock turns against the trade. 33.34 is the first level of resistance above 33.1, and by rule, any break above resistance is a buy signal. In this case, 33.34, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short KHC slightly near 33.34, target 32.68, Stop Loss @ 33.44. Details
The technical summary data is suggesting a short of KHC if it tests 33.34 with a downside target of 32.68. We should have a stop loss in place at 33.44 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 33.34, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for KHC
- Buy KHC slightly over 33.34, target 34.36, Stop Loss @ 33.26 Details
If 33.34 begins to break higher, the technical summary data tells us to buy KHC just slightly over 33.34, with an upside target of 34.36. The data also tells us to set a stop loss @ 33.26 in case the stock turns against the trade. 33.34 is the first level of resistance above 33.1, and by rule, any break above resistance is a buy signal. In this case, 33.34, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short KHC slightly near 33.34, target 32.84, Stop Loss @ 33.42. Details
The technical summary data is suggesting a short of KHC if it tests 33.34 with a downside target of 32.84. We should have a stop loss in place at 33.42 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 33.34, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for The Kraft Heinz Company Common Stock (KHC) available here: KHC.
KHC Ratings for October 03:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Weak |
| P1 |
0 |
0 |
32.68 |
| P2 |
32.84 |
33.34 |
35.06 |
| P3 |
33.23 |
34.36 |
37.36 |
AI Generated Signals for KHC
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The The Kraft Heinz Company Common Stock (NYSE: KHC) data table below can help you with price action, and we have more details too. Trading plans for KHC are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for KHC:
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