13.05.2020
A multi-candle head and shoulders reversal model has formed on the H4 timeframe. The support level of 28.40 (neck line) is holding back the bears. Awesome Oscillator shows bearish divergence, while Stochastic Oscillator showed an exit from the overbought zone.
Trading recommendations:
Sell below 28.40.
Stop loss: 29.80.
Target levels: 27.45; 26.43; 24.93.
The #KHC rate online: monitor the movement of the shares in real time.
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