The US consumer staples sector is the worst performing sector YTD and poor old Kroger is -50% over 2 years. Think Kroger has completed a downside ABCD and has made a higher high which is setting up for a CD leg up to $34 region. The broader equity market looks like it is losing steam and it is time to look for defensive. You still buy your milk and bread from...
It seems Kroger share price has been forming a bearish base. A new bearish leg in the short run may be seen. Target: $20.80-$21.10. Good luck fellow traders.
I am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader. I think Kroger will have a brief retracement, or go sideways for the next few days or couple of weeks. Today (Monday, January 22, 2018) it formed a Hanging Man Candlestick. This is often a sign of reversal, but not always. The green...
Kroger operates over 2,790 retail food stores alongside pharmacies, fine jewelry, health clinics and food production facilities. The company's share price has suffered in the past 2 years on behalf of rising concern of stiff competition and recently on the news of Amazon buying Whole Foods, being seen by analysts as having the most to lose from the tech...
Cash flow play here. Sold $KR $22.5 put for $.32, 1.4% return on capital over the next 25 days. I'll look to rinse and repeat until assigned and then sell calls again.
I 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)
Kroger breaks through 50 day MA on 10/24 and shows as bull flag on the weekly chart. Looking for the bull flag to pull away, stop price low from 10/21 30.65! Very new to this so just some thoughts from a very beginner investor.