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...
Quick swing on KR with a close stop lvl. Looking to set a HL with 38.22 as support
You can buy KR target 44.92 stop loss 36.4 Money management your responsibility. I recommend entering a maximum of 10% of the portfolio. Good luck
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
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 PEAD projected a Bullish outlook for $KR after a Positive under reaction following its earnings release placing the stock in drift A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
KR weekly chart appears to be pushing, showing some strength despite the recent weakness in inflation related names. KR seems to be the strongest of the BJ, GO family etc. however, COST and SFM ares showing some relative strength against broader indices such as XLP
Kroger is one of those defensive stocks that is looking to pop right now. I see rotation coming back into this sector.
This is a bit of a longer term view. My thesis is that we go up to the $40+ area and fail as the store's food margins shrink reflecting commodity price pressures. This may take a while to unfold. Essentially a Bullish Gartley turns into a Bearish Bat. As always do your own Due Diligence. S.
pt 33.50 on this old school turd. I hate shopping there, classic grocery store vibes yet they make you check out your own groceries at Uscan, there's rarely a f ing clerk to check you out, and they don't take Apple Pay. No thanks, shopping somewhere else. That said, hard to find faults in the stock itself, trades at ~12x, altho just got downgraded, what does that...
I've been looking more at value stocks (high cash flow & strong dividends)... and Kroger caught my eye. LOOK AT THAT W!! Granted we are looking at 1 week candles over YEARS... but... I'd look at this as a buying into a long term play at the right time. August 2012 started a massive 3.5 year bull run Start of 2016 we see the beginning of a major...