Jump to content



Photo

Kroger


  • Please log in to reply
5 replies to this topic

#1 tsharp

tsharp

    Member

  • Traders-Talk User
  • 1,487 posts

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.

 

KR_W_9.12.18.jpg



#2 tsharp

tsharp

    Member

  • Traders-Talk User
  • 1,487 posts

Posted 13 September 2018 - 12:06 PM

KR_D_9.13.18.jpg



#3 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 21,998 posts

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


Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter


#4 tsharp

tsharp

    Member

  • Traders-Talk User
  • 1,487 posts

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

OEXCHAOS

    Mark S. Young

  • Admin
  • 21,998 posts

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


Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter


#6 tsharp

tsharp

    Member

  • Traders-Talk User
  • 1,487 posts

Posted 14 September 2018 - 10:42 AM

Thanks for the clarification.