4KR trade ideas
$KR with a Neutral outlook following earningsThe PEAD projected a Neutral outlook for $KR after a Negative under reaction following its earning release placing it in Drift D
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KR Long for 100% + profits over the next 2 years
I analyzed the medium average on the weekly time frame and that hit the support line.
The stochastics on 4h, D, W are all bottomed out, which means a good point of entry.
The crash was due to unmet quarter revenues of the company, but profits were met. By analyzing the history of this company, it has been proven to have a trustworthy pattern. Another sign of confidence was given by Warren Buffet, who has shares in this company and recently bought more in November 2020.
I am looking to keep this stock for the long term, with a generous stop loss at 18%.
New Pairs Trade - $KR vs $KHey guys,
Just a quick update on how my current trades are doing plus I put on a new pairs trade today; Long $KR / Short $K - Both are large cap food companies with a strong history of profitable pair trades using the Buy Sell Bands as I show in the backtest results.
Check in tomorrow for an update on how my trades are tracking.
Cheers,
Jared.
going long here around $32.50I'm in for 82 $33 10/16 contracts. looks like major support level here. they just beat earnings and positive outlook for future. hoping for a quick pop in the next week and then selling my positions. oversold from 15 minute to 1 day. looking for bounce up to at lease $34 by next week