$K - RC -
Added 2023-10-17 11:41:14 +0000 UTCKellanova is Kelloggs Snack business renamed.
I had to go back many years to find this overall trend and I am glad I did because it is very clear.
The only thing that needs to be said is that the price needs to bounce from here because if the price goes below $47, then the entire impulse structure breaks down, as Wave 4 would infringe on Wave 2, we learnt this in Lesson 3 as one of the important rules.
I am personally not a fan of the Kellogg brand, I believe it is the worst possible breakfast you can have to start the day and it accounts for a lot of childhood obesity levels, many parents and adults have finally realised that starting your day on a sugar/carb diet is not the best start.....this may continue to put Kelloggs under pressure.
