Chart of the Day: Kroger Pulls Back
Can Anything Stop General Motors?
General Motors has quietly outperformed for months, and traders may think the auto giant still has gas in the tank.
Individuals
Institutional
Call toll-free 800.328.1267
Market Insights
Opportunity knocks for those with trading in their DNA.
Curiosity creates opportunity. Insights create strategy. Born traders create their destiny.
David Russell
January 14, 2025
Kroger jumped to a new record high one month ago, and now dip buyers may eye its recent pullback.
The first pattern on today’s chart is the April high of $58.34. The grocery chain tested $0.01 below it last week before stabilizing. Has old resistance become …
For more, please click here to view the related idea and chart analysis on TradingView.
Kroger (KR), daily chart, with selected patterns and indicators, courtesy of TradingView.
About the author
Related stories
Chart of the Day: Regional Bank May Be Climbing
U.S. Bancorp hit a four-year high last week, and some traders may see further upside in the Upper Midwest lender.
MCP Brings AI to Brokerage Accounts
One of the newest advances in artificial intelligence has come to the brokerage industry.