Hubert Senters here.
Let’s take a look at once again Kraft Heinz Corporation. It is not sexy but it is working.
And as we think is really matters. So when you’re looking at this the chart pattern that I like to look for.
Number one I want to be above the cloud. Obviously, we’re above the cloud right here. And we have a nice little up move and then a pullback. And it test the turning line. And that’s yellow line. And now, it’s doing like a slingshot. It’s slinging it up towards its most recent little highs which are going to be somewhat of resistance now.
We talk about support and resistance like it’s a foundation or assume. It’s not.
It’s an area of interest. It could cut through that area like a hot knife through butter or it might take it a while. But anyway, I would say next good target for Kraft or Heinz. I’ll just call Heinz Company. It would be the $32.46 area so take a look at that.
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Marketing is cheap. That is true. It’s cheaper to buy ads on YouTube and Google right now.
A lof ot travel companies are bying ads. Less competition, new businesses are nimble. Obviously, there are his main reasons.
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Good luck. Hope it helps. See you on the next video.
Hubert.
