TRADING TIPS

Is This Safe to Buy Now?

Hubert Senters here. Got a question from a viewer slash reader. Is it safe to buy KHC which is Kraft Heinz Corporation? I wouldn’t touch it with a ten foot pole right now so no I wouldn’t say it’s safe, it’s got a huge gap right here. Warren Buffet got smoked in this trade so I wouldn’t do it now where I would potentially if it were to climb above the cloud and clear that $33.41 I would give a shot there. Another place that you could give it a shot is if it clears this gap where it gap down that $36.01 because then it’s probably headed to $47 maybe even $50 but I wouldn’t back down here at $27 until I got back above the cloud and got either above $33.41 or $36.06 then I would give it a look. Hope it helps. I’m going to host another webinar on The Insider Trading Summit. ‘’See How to Potentially Reap Huge Profits Following Insider’s Trades on Tuesday at 4PM EST. There is a lot of people registered for this webinar. Make sure that you hit this big BLUE BUTTON right here. We only have a thousand seats. They’re going to lock out, they do. It’s just the nature of the beast on GotoWebinar and this topic so show up a little bit early. We’ll open up the GotoWebinar room a little bit early. Good luck. Hope it helps. See you on the next video. Hubert.

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