The Kroger 
KR uptrend has remained intact, and the recent brief break above the 73.73 resistance level has confirmed the corrective downtrend channel (Bullish flag), which indicates potential bullish continuation.
Long-term MACD remains flat but is looking to wake up soon. Stochastic Oscillator's momentum remains on the upside, and 23-period ROC has risen above the zero line. Volume remains in a healthy expansion.
We see near-term target at 80.00 and long-term target at 97.00.
KR uptrend has remained intact, and the recent brief break above the 73.73 resistance level has confirmed the corrective downtrend channel (Bullish flag), which indicates potential bullish continuation. Long-term MACD remains flat but is looking to wake up soon. Stochastic Oscillator's momentum remains on the upside, and 23-period ROC has risen above the zero line. Volume remains in a healthy expansion.
We see near-term target at 80.00 and long-term target at 97.00.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.