Kraft Heinz: ⬆️ Buy
– Kraft Heinz reversed from strong support area
– Likely to rise to resistance level 25.00
Kraft Heinz recently reversed from the strong support area between the key support level 23.75 (which stopped the previous sharp impulse wave 3 in October) and the lower daily Bollinger Band.
The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Piercing Line
Given the bullish divergence on the daily Stochastic – Kraft Heinz can be expected to rise to the next resistance level 25.00 (top of wave ii).
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