0JS2 trade ideas
Kroger Beautiful Uptrend Kroger has been in a uptrend for a while.
Looking at the hourly, $34.75ish would be a good area to go long.
Your likes and comments are very appreciated
These are just my own opinions NOT advice
KR testing resistance. KR is testing resistance level in recent days.
Watch for breakout above 34.8 for an upward movement.
Disclaimer: Not an advice to sell or buy!!
KR Ready To BreakoutKeep an eye on this booger to see if she breaks out of this ascending triangle tomorrow or the next day.
Kroger to the moonGrocery doing great among COVID scare. Kroger 1/3 price of other grocery chains. Send it to the moon
Kroger Long SetupKroger might be setting up for a good long here. Ascending triangle on the daily, with the RSI and CCI fighting to make new relative highs. The recent low volume indicates accumulation. Break of relative highs at 34.5 can send KR on a near-term flight to 39.
$KR - Breaking out to new 1 Yr High. Not All Time thoughThe levels to watch for in KR.
34.50 is a heavy resistance, technically. So a pullback to $32.00 is still highly probable after a break below 33.80.
A break above 34.50 is a quick rally up to the next level. Then it will coil up for a while and get smack down really hard, if the momentum doesnt build.
@KR - BUY BASED ON CCI 20 CLOSEBUY 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
Wrong-way earnings play on Kroger offers opportunity to buyKroger reported blow-out earnings and sales today, handily beating both the Wall Street and Estimize consensuses. The stock is moving down, however, perhaps because this quarter's earnings were a blip and next quarter's earnings are expected to be in a more normal range. I could see the stock selling off over the next month or so as the "Covid-19 bump" goes away.
However, some increased demand will remain over the next few quarters as consumers remain too scared to eat at restaurants. Next quarter's estimates are lower than the current quarter, but still quite a bit higher than 2019 YoY. Also, Kroger's increased cash flow this quarter will get reinvested into the business, leading to higher earnings in the future. Based on Zacks estimates of Kroger earnings for 2021, I estimate the stock's fair value at around $37 per share.
We've got a support around $31 per share today, but the reality is that we probably will break that support and continue downward toward the volume support at $28.50. And since it's the slow season, I wouldn't even be surprised to see Kroger hit secondary volume support at $25. I will be scaling in as the stock falls, because I think Kroger is an attractive, dividend-paying investment for a recessionary environment.
BUY to KROGERHey traders, KROGER gives a bullish signal, refusal of buyers on a large volume possibility of breaking the trend line from above and stabilization zone to go up.
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Long KrogerKroger just had a killer earnings report and it dropped. looks like its hitting 2 support levels currently. i believe it will be heading up, looking for a breakout up around july 5th-8th
Kroger - Buy the dip?Grocery giant Kroger ( NYSE:KR ) reported quarterly earnings of $1.22 per share, which beat the analyst consensus estimate of $1.09 by 11.93%. Kroger also reported quarterly sales of $41.55 billion, which beat the analyst consensus estimate of $40.72 billion by 2%. The stock quickly sold off at the open and the stock is down approximately 6% as of 2:00pm ET. The question I am asking myself is "Will Kroger bounce back up from here?"
Aside from the positive fundamental data, a quick look at the chart above shows that Kroger rarely crosses below its 100 day exponential moving average. In the past, you can observe that when Kroger's stock price dips below the 100 day EMA, it tends to bounce back up and continue its prevailing trend. So, it is possible the 100 day EMA might act as a support area. Let's see what happens over the next few days.
KR, Looks like we have just reversed course back up This is a good one , I like that it beat on earnings and there was a sell off. Have been waiting for an entry sign based on a trend line I set and KR just broke through up.
Entry 30.91
Stop 30.59
Target 32.99
KR: Ascending triangle on descending volumes.Ascending triangle on descending volumes.
250RSI above 50, bullish
200MA pointing North, bullish
Overall trend, bullish.
If confirm, Target is 41,76$
KR SHORT EARNINGS THIS WEEKThe 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
This company has been effected by the Virus, I'm going short because I don't see them making earnings. This stock also has red candles and a "Strong Buy" signal.
KR I love how defensive stocks act when the broad market is not acting well. KR just broke the trend line. I expect this one to continue to go higher and giving the fact its quarterly earnings coming up soon.
Potential Long Trade on KrogerLooking for Kroger price to drop to 30.45 to complete the Butterfly pattern and enter in the the trade.
Upon completion of the pattern we will look for the price to return up to 31.52 and a high target of 32.19.
The trade would be off if the price drops to 29.73 or lower.
What do you think about this happening?
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KR is signaling and $34+ is the price targetNYSE:KR Is signaling and the price target is $34+. We should see this move up before the weekend. Check my other calls for accuracy.
Kroger still has that $35 Threshold to PassFirst 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 waves, resistance lines, and even looking at bollinger bands and/or moving averages. That being said, the real point of this post is that it looks like Kroger still has that $35 price point threshold it needs to pass. I am bullish on it for a low risk strategy.
