
Following the March 9th low, Kraft used $22 as support later in the same month and again on April 8th. After a big spike up in early May, Kraft held $25/share support on average volume.
Kraft hit average volume resistance just above $23.30/share in mid-March and it held on successive attempts to break through throughout the month. In early April, Kraft was unable to hold above $23/share before finally breaking thought on April 29th.
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