Kraft and Heinz Day Trading Idea
Wednesday, December 21, 2011 at 2:01PM
Michael Bigger

I  wanted to share Steve Cole's amazing idea: 10 * KFT - 7 * HNZ. The spread (pair) worked well for both of us. Sold it in the encircled area and covered for a nice gain. Steve is a member of our SpreadTraderPro community and he is learning fast.

The spread is "oscillating" nicely within the 2 year timeframe. I'm looking to sell this spread again if it retraces to above -3.00.

Written by Aris David. Follow me on Twitter and StockTwits.

 

 

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