KR has been consolidating sideways for the last 2 weeks and is a relative strength name in this current market. This trade triggered above 32.65 and I took this trade last Thursday. Interestingly, KR also has a great entry opportunity on Friday when it retested the breakout area perfectly and raised near HOD at the close.
Entry - 32.69
Stop Loss - 31.95
Target - 35
Entry - 32.69
Stop Loss - 31.95
Target - 35
Comment:
I still this this is a valid trade on Monday as long as it still stayed above 32.40 (SL)
Comment:
Wow my grammer ^
Comment:
Took profits on 1/3rd position.
Trade closed: stop reached:
Stopped out the rest at 32.45. Small profit on KR but done with this one for now.