I am not licensed or certified by any individual or institution to provide financial or investment advice. I believe Kroger (KR) is in a downtrend. I have marked what I believe to be the support and resistance with purple trend lines. As of this writing (December 30, 2020 4:00pm) I am not in any positions, bearish or bullish, in KR. If KR continues up to the...
I analyzed the medium average on the weekly time frame and that hit the support line. The stochastics on 4h, D, W are all bottomed out, which means a good point of entry. The crash was due to unmet quarter revenues of the company, but profits were met. By analyzing the history of this company, it has been proven to have a trustworthy pattern. Another sign of...
Grocery doing great among COVID scare. Kroger 1/3 price of other grocery chains. Send it to the moon
GOOD TRADE, ALREADY FINISHED...
BUY ONLY FOR THIS ONE... @KR ESTIMATED EPS USD 0.49 - WILL BE UPDATED ON 10 SEP 2020 LAST EPS USD 1.54 LAST DIVIDEND PER SHARE USD 0.16
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. Last time I was WRONG. I was predicting Kroger was going to peak at $35, and it peaked at $34.50. Sorry, if you made $0.50 less as a turnover :). I became way better recently getting closer to these targets with confidence intervals, sine...
First off, please don't take what I say seriously or at face value, as always, it is all on opinion basis. That being said, let me get into my insights. I believe, realistically that Kroger is a conservative low risk stock hold position, and that a $35 price target is imminent. The supply and demand curve these days for grocery shopping is seemingly spiking, and...
It is still battling with $32.74. The volume is getting higher. expect to break out soon.
Ugly double bottom for Grocery giant Kroger. Monthly #ssi is over 50 as well.
Kroger daily chart shows buying on monday after early morning hours of falling but ended the day with buyers holding
KR is working on completing a long-term bottom formation. The recent compression of price may result in a breakout with momentum.
KR I hope some took my earlier posts about KR Kroger to heart (linked), because I truly believe this is a great stock to own in an income, long term portfolio. Recent dividend hike to .16 per share quarterly, plus the added capital gains from stock price action make this a profitable stock if you own in the 20's as I do. There is still room to run upward, and as...
RSI and MA anticipating an uptick in Kroger given that the earnings were in line with last year and the stock is oversold. Investors are likely to see this as undervalued over the next few months. Beware the eventual consolidation that will follow towards the end of the year and as the stock adjust to fall back in line with downward trend.
OVERSOLD INTO MAJOR SUPPORT. FIRST TARGET GAP WINDOW SECOND TARGET GAP FILL.
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...