During the light-volume holiday trading session on Dec 23rd, KHC exceeded the suggested stop of a daily close above 73.10 & as such, will be moved to the Completed Trades category. For those who gave the trade a little more wiggle-room, the 75.00 level is well-defined resistance in which an objective stop-loss order could be place slightly above.

KHC was added as an Active Short Trade on Dec 11th at 70.02, providing a loss of 4.4% on the trade. At least one participant in the trading room is still short KHC and FWIW, I still think there is a good chance that KHC will fall to at least the T1 level in the coming weeks/months, with the next break of that uptrend line (NL) as the likely catalyst for a relative swift drop to that level.

KHC daily Jan 6th

KHC daily Jan 6th