Trading ideas for The Kraft Heinz Company 18.10.2019

The overall trend is downward. The stock is trading in the range of 150 and 365 moving averages directed downwards. Bearish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals oversoldness. The pivot zone of 27.28 holds back sellers.

Trading recommendations:

Sell below 27.28.

Stop Loss – 28.00.

Target levels – 26.00; 25.00.

Author: admin
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