HotForex

KR approahching support, potnetial bounce!

Long
NYSE:KR   Kroger Company (The)
KR is approaching our first support at 26.20 (horizontal overlap support, 61.8%, 50% Fibonacci retracement, 61.8 %Fibonacci extension) and price might bounce to our first resistance at 29.54 (horizontal swing high resistance, 61.8% Fibonacci retracement).
Stochastic (55,5,3) is also approaching suppport.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.