BofA Securities Initiates The Kraft Heinz(KHC.US) With Buy Rating, Announces Target Price $40
Kraft Heinz (KHC) Rises But Trails Market: What Investors Should Know
After eight weeks of selling off, the hedge fund bought back US stocks, achieving the fastest speed since 2021.
The US stock market is currently experiencing active buying and market growth, but the market's high valuation is a concerning issue that may trigger future adjustments.
18 Stocks To Buy, 7 To Sell This Earnings Season: Goldman Sachs Calls It 'The Year Of The Stock Picker'
Goldman Sees a 'Relief Rally' Potential for These Option Calls Ahead of Earnings
CPI Read: Food Inflation Steps up in September as Eggs, Butter, and Beef Prices Jump
Kevin Matte : look what i see, its a powerful pattern; might be drasticly Bullish or it can drop to an new "All Time Low". But i dont think that will happen !
Kevin Matte : If there is a breakout of the bullish pattern, the price could end up here, between these lines. I made a Fibonacci retracement in the next image.
Kevin Matte :
Kevin Matte Kevin Matte : In addition, in this photo, we can clearly see the yellow line (100EMA) which will soon cross upwards the dark green line (200EMA), this is what we call a "Golden Cross"
CNNT OP Kevin Matte : Thanks for sharing! In the longer term, I can definitely see an upward trajectory by observing the higher steepness of the line that connects all the lows compared to the lines that connect all the highs. So, I think even if the price continues to move sideways, it will still be a slower upward climb. It's a very good sign.
However, there is a hidden bearish divergence happening (most recent price highs is a downward line, and most recent MACD highs is an upwards line. Suggesting a fall.
I want to catch this as low as it can possibly fall.
View more comments...