4KR trade ideas
BP approaching support, potential bounce! BP is approaching our first support at 23.73 (horizontal swing low support, 100% fibonacci extension, 61.8% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 27.11 (horizontal pullback resistance,38.2% fibonacci retracement).
Stochastic (21,5,3) is also approaching support where we might see a corresponding bounce in price.
KR: Sort opportunityAn intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
KR approaching resistance, potential drop! KR is approaching our first resistance at 29.55 (horizontal swing high resistance, 61.8% fibonacci extension, 61.8% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 27.57 (horizontal swing low support).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price.
KR approahching support, potnetial bounce! KR is approaching our first support at 26.20 (horizontal overlap support, 61.8%, 50% Fibonacci retracement, 61.8 %Fibonacci extension) and price might bounce to our first resistance at 29.54 (horizontal swing high resistance, 61.8% Fibonacci retracement).
Stochastic (55,5,3) is also approaching suppport.
SHORT Position on KR with 3 targetsYou can still short KR here with 3 targets set looking at this stock to fall a bit here. Can easily see trend line from recent form and see tops. Enter and exit position is in the green box.
Targets are set at lines of resistance as well as fib line.
Ticker has a "sell" tab on the meter on this site, and I see it only helping the cause. Don't be bashful to short something when the market in general is moving upward and this stock is still diving. Get in and out quickly here.
KR short with exelent enter and exit pointsWrite sometning about your psyhology thinking before trade? Very sleepy and not in the mood for thinking
Describe the trade. What you see? there will be the bounce from resistance and price will fall to the support level between wedge
Write sometning about your psyhology thinking before trade? Very sleepy and not in the mood for thinking
Describe the trade. What you see? there will be the bounce from resistance and price will fall to the support level between wedge
KR Approaching Support, Potential Bounce!KR is approaching support at 27.95 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support, ascending support line) where it could potentially rise to its resistance at 30.43 (61.8% Fibonacci retracement, horizontal swing high resistance).
RSI (34, 5, 3) is being held up by a ascending support line as well.
KR Bounced Off Support, Potential Rise!KR bounced nicely off its support at 28.45 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support, ascending channel support) where it could potentially bounce to its resistance at 30.93 (61.8% Fibonacci extension, horizontal pullback resistance).
RSI (34, 5, 3) is being held up by a corresponding ascending support line.