As impressive as the rounded top on KHC was, I held off shorting it because it’s hard to conjure up how a company that sells ketchup and mustard could fall hard. I mean, Tesla with a p/e of 300 is one thing, but – – Kraft-Heinz? Still, I pulled the trigger last week, and it’s going all right so far.
The entire history of this company illustrates what an impressive, rounded top this is.
Thus, I am not overthinking this. I’m just relying on the chart.
