27.05.2016 - Growth of Kroger shares may continue

Price of Kroger rebounded from a strong support level at 34.00 and is currently close to the level of 35.60, the overcoming of which will reach the level of 37.00 and the upper boundary of the upper boundary of the descending channel. Overcoming these levels will confirm the change of trend to the positive. In case of opening long positions, the stop should be set below the level of 34.00. Our medium-term view is positive.

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