KHC is a consumer staples, not a high flyng tech stock. Content to grind out a trend and take its time, it now looks to rise from sideways action since the last earnings. It is approaching the anchored VWAP where the big players sit waiting to pick up shares in the high volatility and volume zone and so earn a living from other traders who are not as savvy....
TSN is shown on a reliable weekly chart- long idea from an inverted H & S and multiple indicators. Stop is 51 targets are on the chart . If the fan gets hit, food is queen while cash is king.
If you haven`t bought the dip on KR: nor sold before the previous earnings: Then analyzing the options chain and the chart patterns of KR Kroger prior to the earnings report this week, I would consider purchasing the 50usd strike price Puts with an expiration date of 2024-4-19, for a premium of approximately $2.01. If these options prove to be profitable prior...
It could be rough next couple of weeks. Market can rally from middle of October until early January. This can continue to crash next year as showed with my arrows. This is just a prediction and not an advice.
If you haven`t bough KR ahead of the previous earnings: Then analyzing the options chain and the chart patterns of KR The Kroger prior to the earnings report this week, I would consider purchasing the 46usd strike price at the money Puts with an expiration date of 2024-1-19, for a premium of approximately $2.34. If these options prove to be profitable prior to...
If there was ever a thing such as a safe short- I think it would be Rite Aid (RAD) As shown on a monthly chart, RAD triple topped in 2015=2017 and has been in a decline every since. It has shed 90% of its market cap in the intervening 6-8 years. Now, it is fundamentally fighting for survival. This is because as a weaker drugstore retailer and the rise of...
KR in early August rose from its usual range into a head and shoulders from which it trended down into its present lower base. I see this as a good setup for a long trade to reach to and possibly beyond the mid Fibonacci retracement levels also confluent with horizontal R/S lines drawn from the pivots to the left. I will take the very safe long trade taking...
Analyzing the options chain of KR The Kroger prior to the earnings report this week, I would consider purchasing the 45usd strike price Calls with an expiration date of 2023-6-16, for a premium of approximately $2.04. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion...
An up channel is present on KR I expect a fall as due to the double top at (2) back to the middle line where support can take hodl. Weekly timeframe. The 1,2 pattern is a sort of M pattern
KR has an overall fairly narrow trading range. On this 4H chart, it is presently in a symmetrical triangle or slowly rising wedge. Earnings beats have been respectable. KR reversed on June 1 at the trending support line and is heading toward overhead resistance. Just before that upper resistance trendline is the POC line of the high volume area of the profile...
BYND had it surge in the post Covid months. As seen on the weekly chart, multiple touches of the supply / resistance zone occurred in the range of $160-180 per share. Price is now at 5-10% of the highs and at the multi-year lows. Volume is weak. The RSI swing indicator has given a buy signal but I am skeptical. BYND is heavily shorted and sellers have...
Kroger is a national supermarket chain with multiple departments as it needs to compete with more prominent players who have moved into the grocery home delivery business. The competition includes Amazon and Walmart over the last few years. To stay ahead, Kroger has implemented innovative delivery and promotional working strategies that appear to be working. Also,...
Chart patterns are very subjective. I see this as a symmetrical triangle, meaning it could break in either direction. But if I adjust my trend line, I also see it as a rising wedge, which is a bearish chart pattern. Either way, I will look for a break above 45 for calls with a target of 50.30, OR a break below with a target of 41. Either move will be an amazing swing!
NYSE:KR KR made a big move this week after the Q2 earnings call. I believe that it is now overextended. On the 15-minute chart, the big price action is seen. However, the RSI indicator shows a flat relative strength suggestive of bearish divergence. The Mass Index peaked out over 27.5 and is now dropped below is the suggested trigger for a reversal of...
Parallel line drawn against the dominant uptrend line in green allows the price target of $71 to be drawn The similarity begins with the double bottom patterns 4D chart
They may speak different languages but they are identical. Now that´s a lovely chart there, is like to good to be true. Be wise, don´t work for money make money work for you.
Price is squeezing inside descending triangle. Ideally price will squeeze a little longer and get some energy before a break. Watch for the break...
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...