I've been patiently waiting on a setup to enter Kroger NYSE:KR for a while now. It is a fan favorite on my social media and I do nearly all my grocery shopping there. Yesterday I finally got a spike setup (Spike Alert with proper metric, at a 50% Retracement Level) that fit my criteria so I entered. While this is just another trade at the moment in the short term once profits are secured I hope for a break of the high and addition to my long term portfolio.
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Fundamentally I have an attachment to the company in terms of "cupboard investing " (investing in what you know and use) and technically price has come down off a run I had to resist FOMO to a very good Weekly 50% Retracement.
İşlem kapandı: hedefe ulaştı
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Would have liked to have gotten the top of the opening spike but still closed at my 3:1 target. Rolled the remaining shares into a portfolio position I want to hold for the long term.