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Kellogg’s (K) Coiling For Breakout Above Trendline

Kellogg’s (K) Coiling For Breakout Above Trendline

by | Jun 26, 2022 | Chart SetUps

Kellogg’s (K) shares flagging in a tight TTM Squeeze pattern after bouncing off YTD VWAP multiple times the past few months and forming a solid base near 68. MACD seeing a bull cross and price ready to confirm a move above the trendline from highs, likely can retest top of monthly value at 73.70 and potentially push to new highs.