Kroger has recently made a nice increase,
further cementing the up channels dominance
after each circle, and double bottom, a strong move upwards occurs, we are currently within that move
Kroger is the USA's largest supermarket by revenue.
The market might find its bottom very soon, and KR is one of my favorite stock to trade. Strong, consistent, innovative. Very likely bound off its 200 day average near $39.5, price target $44.5.
Keep on the radar if it shows continued strength. A push over today's highs could see the next pivot level if volume continues to flow in for the bulls.
KR looking great. It just brokeout of the previous resistance which will now be support. It is holding strong above the new support. I could see it going higher from here. Next price target is at 44 level.
KR or Kroger has passed above the 50 day SMA and has followed a specific pattern for it to have a breakout going up to new highs or up to previous high.
Trigger: Golden Star at 40.45
Theory Failure: Price below 38.24 Support
Entry Target: Watch for retracement to 41.96 or 40.54
Price Target: Potential breakout to 44.26 then 45.89
Top Target: 47.98
Past Resistance: 42.81
Recent Support: 42.43
Stop Loss: Half distance to next lower fib level from entry.
I've been patiently waiting on a setup to enter Kroger NYSE:KR for a while now. It is a fan favorite on my social media and I do nearly all my grocery shopping there. Yesterday I finally got a spike setup (Spike Alert with proper metric, at a 50% Retracement Level) that fit my criteria so I entered. While this is just another trade at the moment in the short...
I like R/R on Kroger as a long entry here at the 200MA and appears to be a pivot point with a nice hammer candle yesterday.
Dec 40c as an idea, or 40/39p spread , commons for the longer term
It's no secret that Kroger has been absolutely slaughtering the game lately.
It is currently consolidating at the bottom of it channel and has a chance to move 20% up to the top of the channel.
Kroger's stock has gained 22% this year on the grocer’s surging sales and its participation in the U.S. vaccination campaign against COVID-19. The company is delivering...
Using AIM System
Entry
1. RSI under 80 and rising
2. MACD bars change from red to yellow and are under mid-line
3. Heiken Ashi reversal candles are red or green
4. MACD crossing up
In this video I break down my thoughts on the stock market as well as share with you guys my watchlist for this week. If you like this video, please make sure you like and subscribe, I really do appreciate it. Also please note that this is not financial advice. Good Luck!
My Watchlist:
www.tradingview.com
I suppose I should have published this a few days ago when I charted it 😬... it's a little too late now... sorry about that...
I'll be on the look out and set some alerts for for entry levels though
This article includes bonus analysis of semi-rare occurrence. My Algorithm 2 has signaled a SELL 9 times on the daily chart for this stock. All nine times included simultaneous SELL signals on the same algorithms which triggered this morning. I have provided the usual target boxes, however, I have included additional target boxes related to historical movement...
The Kroger Co. engages in the operation of supermarkets and multi-department stores. Its brands include Big K, Check This Out…, Heritage Farm, Simple Truth, and Simple Truth Organic. The company was founded by Barney Kroger in 1883 and is headquartered in Cincinnati, OH.
NYSE
![SPY+SPX+QQQ+TSLA+PTON+PINS+GME+AMC+CSCO+KR: Weekly Watchlist 12 September [Stock]](https://s3.tradingview.com/j/JQXnuqbI_mid.png "Weekly Watchlist 12 September [Stock]")
