Use advanced tools to confirm the Descending Triangle on KR before you trade.
Bearish continuation pattern.
Technical analysis of Kroger (KR) reveals a significant setup. The stock is trading at $67.19, down 1.23% on the day. The primary technical feature is a Descending Triangle formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $65.8, targeting $55.02 with support near $73.89 (R:R 1.33).
What is your outlook on KR?