FriscoTrades

$KR Kroger remains bullish after PEG

Long
NYSE:KR   Kroger Company (The)
Kroger recently came out of a cup and handle with a Power Earnings Gap (PEG) and has been digesting ever since, holding most gains and creating a nice VCP / Bullpennant like formation.

Today, there were about $117M in dark pools at $57, and giving the timing and price action my bias is to the buy side.

An idea would be to go long shares or calls with time.

I'm long the JUL 60c with 5,300 OI.

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