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Analysis: #NYSE $KR

Case 124 #Kroger Company

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#KR 1/4
Chart 1
Monthly Chart: The 2012 #parabolic move ended in 2015 Kroger peaking at 42.75 and ever since then Kroger has traded in a $12 range for the last 2 years. #Momentum has dropped .....

KR 2/4
..... off dramatically. Unless a close above 34.70 is seen we expect the range trading to continue. Strong #support 15.15-14.70

KR 3/4
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