Morning Trend | Kroger Continues to Test Support, Is Bottom-Fishing Capital About to Make a Move?

Kroger (KR.US) has recently tested the core support line below multiple times, with funds appearing to buy on dips during the session, and there are signs of a moderate increase in trading volume. Many 'foodie-type' funds are lurking in the community, and short-term bulls are attempting to test the lower boundary of the year's trading range, with uncertainty about whether a surge will follow. Yesterday afternoon, some major accounts increased their positions in the food retail sector, and the community is calling out that "it's KR's turn for a reversal." Technical analysts are paying attention to the good support around the 10-day and 20-day moving averages, as maintaining this level is crucial for the sector's rotation rhythm. If volume can continue to increase today, a small rebound could ignite at any time; however, if there is another decrease in volume that breaks the support, the year's low may be at risk of being lost. The dynamics of large funds will determine KR's rhythm, and it is advisable to enter and exit quickly before a breakout, keeping an eye on real-time intraday movements and capital flows, while controlling positions to guard against risks when bottom-fishing for a rebound