Kroger Company (The) (KR) is one of the largest grocery retailers in the U.S., operating supermarkets, multi-department stores, and online grocery services. Known for its strong private label brands and fresh food offerings, Kroger meets everyday shopping needs for millions. The company’s growth is driven by rising demand for groceries, expansion of digital sales, and focus on value and convenience for customers.
On the chart, we see a confirmation bar with increasing volume, showing solid buying strength. The price has entered the momentum zone by breaking above the .236 Fibonacci level. A trailing stop can be set just below that level using the Fibonacci snap tool to help lock in gains while allowing further upside.
On the chart, we see a confirmation bar with increasing volume, showing solid buying strength. The price has entered the momentum zone by breaking above the .236 Fibonacci level. A trailing stop can be set just below that level using the Fibonacci snap tool to help lock in gains while allowing further upside.
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