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jeffyanzo
Jan 25, 2019 6:13 PM

SHORT Position on KR with 3 targets Short

Kroger Company (The)NYSE

Description

You can still short KR here with 3 targets set looking at this stock to fall a bit here. Can easily see trend line from recent form and see tops. Enter and exit position is in the green box.

Targets are set at lines of resistance as well as fib line.

Ticker has a "sell" tab on the meter on this site, and I see it only helping the cause. Don't be bashful to short something when the market in general is moving upward and this stock is still diving. Get in and out quickly here.

Comment

On 1.28.19 KR bounced right off of first target at $27.73

I'm still shorting b/c I want it to break thru that resistance line

Trade active

Target 1 acquired
Onto the next target roughly at $26.60

Trade closed: target reached

After a less than stellar earnings report, I have closed out this short at 26.03 pre-market today.

Hope you all made some of your own earnings on this trade!
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