Kroger (KR) Provide Food People Need

03/17

Kroger (KR +9%) follows through its breakout pattern for uptrend. 37 Billion market cap processed food provider is definitely a winner when corona virus spreading out US and around the world. It is both defensive sector consumer staples and necessity for people to survive when food supply becomes limited and mobility is difficult.

Long term view looks great for months to come from technical point of view with solid base and new high above 29-30.

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