TradeGATEHub

KR Bounced Off Support, Potential Rise!

Long
NYSE:KR   Kroger Company (The)
KR bounced nicely off its support at 28.45 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support, ascending channel support) where it could potentially bounce to its resistance at 30.93 (61.8% Fibonacci extension, horizontal pullback resistance).
RSI (34, 5, 3) is being held up by a corresponding ascending support line.
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.