Kroger Company (The)
Long
Updated

Does someone know something that we don't about Kroger #KR

112
OK, 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
Note
Looking for the retest of the saucer as news came out with the current administration aim at mergers and acquisitions.

This is going to be a long play. If I do take a position it would be a tiny one at best. I need to know where the cases on the Albertson's purchase sits before I go full position.

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