KR has been consolidating sideways for the last 2 weeks and is a relative strength name in this current market. This trade triggered above 32.65 and I took this trade last Thursday. Interestingly, KR also has a great entry opportunity on Friday when it retested the breakout area perfectly and raised near HOD at the close.
Entry - 32.69 Stop Loss - 31.95 Target - 35
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I still this this is a valid trade on Monday as long as it still stayed above 32.40 (SL)
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Wow my grammer ^
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Took profits on 1/3rd position.
Trade closed: stop reached
Stopped out the rest at 32.45. Small profit on KR but done with this one for now.
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