Et voila, Kraft Foods followed the recipe

As mentioned in a previous post, Kraft Foods was on my watch list and acted as expected :

  • A break of the 32 level
  • Combined with some huge volume
  • et voila, a nice run up
  • What’s next ? It is quite a strong breakout, so I expect a consolidation period with then testing and breaking the 33.36 level
  • If you do step in, use 32 as your stop loss-level
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