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The Kraft Heinz Company
Long

Inverted Head and Shoulders Setup

88
What I like here from a technical standpoint:

Large upwards slanting Inverted Head and Shoulders with a full price target near the gap down @ 48
Price making fresh 52-week highs and trading above all three major moving averages
Currently breaking through diagonal resistance

The Yearly R1 Pivot @ 40 would be the 1st target. From here we could see a re-test of the inverted HnS neckline.

Stops can be considered just below the Yearly Pivot @ 30

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