Market Confidence in Kroger's FutureKR's strategic pivot towards e-commerce, coupled with an analyst-backed price target surge, positions it for a breakout, leveraging inflation resilience and operational efficiencies.
KR trade ideas
Kroger ER Could Surprise!Outlook - ER on thursday and the amount of gamma at the
70 strike has me interested. Would like a decent pullback to enter long.
Upside Targets:
* 50.50--50.8--51.16
Downside Targets:
* 50.17--49.8249.5
Quantum Edge Analytics = T/A supports bullish thesis
KR Kroger Options Ahead of EarningsIf 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 to the earnings release, I would sell at least half of them.
🛒📈 Kroger (KR) - E-commerce Investments and Growth! 💹🔍📊 Analysis:
Strategic Investments: Kroger is noted for strategic investments in e-commerce.
Revenue Growth: Focus on personalization, digital coupons, and strong e-commerce sales.
Dividend Yield: Attractive 2.3% dividend yield outperforming the S&P 500.
📈 Bullish Sentiment:
Entry: Suggested entry above the $42.00-$43.00 range.
Upside Target: Aiming for an upside in the $58.00-$60.00 range.
🌐 Note: Monitor market dynamics and investment trends! 🚀📈 #Kroger #StockAnalysis #EcommerceGrowth 💰🛍
2024 Q1 Long: Kroger (KR)Love their fundamentals. In my opinion, a sad chart due to it being a company easily forgotten. Financially they're solid and I'd be happy to hold long-term. However, an inverse head and shoulders shows a short-term opportunity for a long.
Kroger: Bearish Crab with an Ascending Broadening WedgeKroger has formed an Ascending Broadening Wedge and blasted pass the 1.618 PCZ leading to an ultimate test of the 1.902 HOP level, now KR is trading below the PCZ and has tested it as resistance multiple times this year and has broken below the Demand Line of an Ascending Broadening Wedge. From here out I think the target will be a minimum of $22.32 which would be the 0.886 fibonacci retrace but it could go as low as $17.37 as that would be the standard target of the Ascending Broadening Wedge.
In addition to that, the PPO may soon break below its Demand Line.
September Trades (KR, account up 5.15%)5th day trade in September is NYSE:KR on 9/8/2023.
Account is up 5.15%.
Total return in September is 31.55%.
KR The Kroger Options Ahead of EarningsIf 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 the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
KR a food sector leader for a safe modest trade LONGKR 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 partials at the levels above as drawn onto the chart
with 30% at the 1st and 2nd partials and 20% for the 3rd and last. I will also
take a trade in some call options. If you would like my idea of the best calls
in my opinion, please leave a comment.
KROGER Stock Chart Fibonacci Analysis 082023 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 47.7/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
KR approaching previous consolidationTrade plan for KR. Moving toward previous consolidation on the daily chart which led to a pretty big drop last time.
KR The Kroger Options Ahead of EarningsAnalyzing 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 about it.
KR (Kroger Company) Buy TF H1. TP = 49.70On the hour chart the trend started on June 2 (linear regression channel).
There is a high probability of profit. A possible take profit level is 49.70
But do not forget about SL = 44.37
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Good luck!
Regards, WeBelieveInTrading
KR longBullish on $KR! Kroger ( NYSE:KR ) is showing promising signs as it approaches the $46.2 support level. If it successfully holds this level, we could see a potential price target of $48. With positive momentum building, it's an exciting time for Kroger investors.
KR - Up Channel, Middle SupportAn 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
Food Gaint Kroger reverses from a trend downKR 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 where high volatility
and increased trading could result in a bounce and fall. Confirmation is found in the zero-lag
MACD indicator which shows a K /D line cross under the histogram.
I will take a long trade on KR (reversion to the mean) with the stop loss at that pivot low on
June 1st and the target a nickel below the POC line at 48.95. I see this as a low-risk and low
reward trade which may also be the basis for adding a low risk call options trade to the
options portfolio.
New Entry Potential For Kroger with long term performanceKroger 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, since 2022 Kroger has established a floor price that could enable it to get a hefty return over the next few years. Home food delivery is something to consider as we move into an uncertain economic time. KR will be a classic defensive stock to hold.
Innovating marketing includes delivery and coupon strategies. It seems that this grocery chain is set up for almost guaranteed long-term success.
Since 2022, Kroger has beaten the market estimates consistently, unlike other stocks. Moreover, a floor in the stock price was established at the beginning of last year.
Kroger has overwhelmingly institutional market analyst support for recommended buys.
Red arrow shows SMA for new entry potential
Current Metric Data Catalyst Shows Outperformance In Sector
Over the last few weeks, Kroger has returned 6% in the previous 20 working days, with 3% in the last 50 working days. As I like to only trade stocks with a relatively low volatile rate of under 0.4, Kroger is lately at 0.31, which is within my tolerance. However, as we all know, potential entry is based on timing. As it seems, the Aroon Up signal is showing a 100 rating, whereas the Aroon Down is 57. So if one waits until the Aroon Down signal is closer to 0, it is an excellent time to dip into Kroger.
When one looks at a consensus of institutional market recommendations for upgrades, one will see it is vastly overwhelmed with 16 buys, six holds, and one sell. Once again, this helps overlay a buying condition for Kroger.
Considering 2022 was a relatively weak and challenging year, Kroger has proven to exceed the estimated earnings of last year, including its latest quarter. So it is clear that momentum has been underway for a while and should continue over the long run.
Valuation Continues to Build With Delivery Strategy
Over the long run, Kroger has built a market strategy using data and innovation to help customers save $1.4 billion. Kroger has pioneered a personal approach for its customers to allow them to make better choices in the food product they buy, which is accomplished by offering various coupon strategies. The latest survey hinted that 80% of shoppers preferred this way. As long as Kroger implements these strategies, it can stay ahead of the market to sustain its stock price momentum over the long run. It also helps Kroger be an intelligent choice for investing in over the long run as we move into a potential recession. Everyone needs to buy food regardless of economic conditions.
Kroger Refines Data Capabilities as Grocers Personalize | PYMNTS.com
It is also important to note that customers in fast-growing cities like Austin, Texas, want to ensure that product freshness is of high-quality standards. A new store in Austin was tested using this strategy which is becoming the future for Kroger. In addition, the shipment of these products, which professional associates deliver, helps implement higher customer satisfaction, which builds loyalty as we move into a recession. This also helps expand Kroger's customer base as competition may get fierce.
Also, Kroger has opened a Dallas facility linked to this Austin store. All ordered products will be put on refrigerated delivery trucks, then delivered to customers' front doors.
Once customers are satisfied with innovative distribution ideas, Kroger can roll this out to larger city centers and stay ahead of the competition. This will help Kroger find new key growth drivers, which will help drive digital sales by 12% in the fourth quarter of 2022. There was also a growth of 22% in their no-contact delivery solutions. As a result, Kroger builds revenue and generates new profitability overall in delivery solutions.
Kroger (KR) Expands Delivery Capabilities, Efforts on Track - March 31, 2023 - Zacks.com
Harmonic Upper target Reveals Profitable Target
Based on the upper target of the most recent harmonic scan, Kroger may have a relatively high upper target of $65 based on stock pricing data over the last three years. The current price of nearly $50 represents a decent opportunity for long-term investment returns. Its base of just over $40 has been established for the last year. As positive market momentum continues, this target should be closely met over the next year. As mentioned, Kroger maybe be an outstanding defensive stock as we move into a recession.
Harmonic scan (Custom platform)
Lower Risk is Minimal As Compared To Long-Term Momentum
As Kroger proved its outperformance in an inferior market in 2022, this stock should be a classic defensive investment over the long run—the only risk to prevent that from happening are unfavorable economic conditions or more innovative competitors. Even if economic conditions were to go into a downturn, it is critical to understand that Kroger has implemented various strategies to deliver food to its customers conveniently. Even if another pandemic was to evolve, Kroger has implemented an intelligent no-contact delivery process right to customers' homes. There seem to be very few restrictions that could hold back Kroger's long-term success.
Conclusion Is That KR Could Outperform Most Stocks
With proven positive trends for Kroger over the last year, KR is almost guaranteed to increase its value and stock price. It has also implemented an intelligent delivery strategy with promotional coupon techniques to meet any economic condition; I see no real reason why Kroger should not be successful. As a result, I put this stock as a buy right along with other institutional analysts.
$KR longSee chart. If you've got any questions - feel free to use the comment section below. Good trades, folks!
KR SWING TRADE IDEAChart 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!
KR - Bullish rebound in place The bullish piercing line candle yesterday is eyeing a potential rebound towards the resistance at US$46.76, which confluence with the upper resistance channel. Furthermore, the rising RSI confirms the bullish momentum.
$KR with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $KR after a Popsitive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 40%.
Does someone know something that we don't about Kroger #KROK, just to be extremely simple and to the point #KR has been rounding their weekly as it approaches earnings.
My theory is this, being around the corner and pointing upward on the WEEKLY chart oscillators could this ticker start a path to push past the psychological number of $50
If we do something like a saucer pattern we could get to 60 by mid 2023... Depends on where you line up the apex of the saucer.
Happy Hunting
