Steve666

Kroger (KR) Up then Down

NYSE:KR   Kroger Company (The)
This is a bit of a longer term view.

My thesis is that we go up to the $40+ area and fail as the store's food margins shrink reflecting commodity price pressures.

This may take a while to unfold.

Essentially a Bullish Gartley turns into a Bearish Bat.

As always do your own Due Diligence.

S.
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