KR Approaching support, potential bounce! KR is approaching our first support at 22.85 (horizontal swing low support, 76.4% Fibonacci retracement) where we might see a bounce above this level.
Krshort
BP approaching support, potential bounce! BP is approaching our first support at 23.73 (horizontal swing low support, 100% fibonacci extension, 61.8% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 27.11 (horizontal pullback resistance,38.2% fibonacci retracement).
Stochastic (21,5,3) is also approaching support where we might see a corresponding bounce in price.
KR approaching resistance, potential drop! KR is approaching our first resistance at 29.55 (horizontal swing high resistance, 61.8% fibonacci extension, 61.8% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 27.57 (horizontal swing low support).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price.
KR approahching support, potnetial bounce! KR is approaching our first support at 26.20 (horizontal overlap support, 61.8%, 50% Fibonacci retracement, 61.8 %Fibonacci extension) and price might bounce to our first resistance at 29.54 (horizontal swing high resistance, 61.8% Fibonacci retracement).
Stochastic (55,5,3) is also approaching suppport.
Bearish on KR - SL 30.50I have put in a sell position on ticker KR due to it flipping a bearish engulfing bar, the RSI slipped below 50, the stochastic has it moving down, and the MACD just did a kiss downward below the 0.00 level (so a negative cross down)
