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#1 tsharp

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Posted 12 September 2018 - 09:29 PM

Tomorrow Kroger is supposed to report, so I took a looksy and by my momentum work, KR has already entered into its bear market and is presently in a bear market rally... I have upside targets of ~31.61, which has already been met, and a second, higher target of ~34.24, that I do not think will be hit, but as always... twt.

 

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#2 tsharp

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Posted 13 September 2018 - 12:06 PM

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#3 OEXCHAOS

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Posted 13 September 2018 - 01:57 PM

I know we don't care about fundamentals but FWIW, I wouldn't write Kroger off. They are not lying down on the job.

And that's all I'm going to say about that... :)

 

M


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#4 tsharp

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Posted 13 September 2018 - 03:18 PM

Mark,

 

I'm not sure what you thought I was implying... Kroger does annual sales of $122B, with a gross profit of $27B.  I was only making an observation about a chart - that's it.  If you want me to stop, just say so.

 

-T



#5 OEXCHAOS

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Posted 14 September 2018 - 10:34 AM

Mark,

 

I'm not sure what you thought I was implying... Kroger does annual sales of $122B, with a gross profit of $27B.  I was only making an observation about a chart - that's it.  If you want me to stop, just say so.

 

-T

 

Goodness, Tim! No! I thought it was good analysis!

 

I'm just offering a tangential fundamental observation--context, if you will, for interest's sake and perhaps as a bit of caution to anyone who might get too Beared up on it.

 

That's all!!!!

 

Mark


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#6 tsharp

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Posted 14 September 2018 - 10:42 AM

Thanks for the clarification.