On (February 22, 2019) Wall Street Journal:
“Kraft Heinz Co. wrote down the value of its Kraft and Oscar Mayer brands by $15.4 billion,
disclosed an investigation by federal securities regulators and slashed its dividend, sending
it’s stock down Thursday more than 20% in after-hours trading.”
The following picture of weekly price history, updated at 8:30 today (March 7, 2019) illustrates that anyone
using basic PerfectStorm indicators would have stayed away since July of 2018.
