Morning Trend | Kroger reduces volume and grinds at the bottom, can the support line hold? Is a short-term buying opportunity coming?

Kroger (KR.US) has recently seen its stock price shrink in volume for several consecutive days, with yesterday's intraday volatility narrowing to an extreme, indicating that the market has clearly entered a stalemate of "bull-bear tug-of-war + defensive funds holding firm." The trading community is abuzz with discussions, with some bearish on the continuation while aggressive funds begin to position themselves for a bargain—after all, similar patterns in the past have led to small rebound opportunities after low absorption.

Looking closely at the order book, KR briefly broke below the previous low yesterday before quickly rebounding, closing above the short-term support line, with small funds frequently buying on dips during intraday trading. From the Top Level data, active selling slightly outweighs buying, but the outflow of large orders is not significant, indicating that the main force has not yet panicked and sold off, while retail investors and some quantitative accounts continue to participate in T trading at key intraday points.

Technically, the 5-day and 10-day moving averages are gradually converging, and the MACD is flattening at a low level without turning positive, suggesting that there is currently no real momentum for a major upward wave in the short term. However, behind the volume contraction, market consensus is gradually brewing: on one hand, reduced selling pressure may trigger a volume-driven rebound at any time; on the other hand, if large orders from unusual funds enter the market, short-term bulls could easily "add fuel to the fire," directly pushing the stock price to break through the recent resistance range.

There are currently no major negative news, and the fundamentals are stable, coupled with a defensive premium in food retail, limiting the downside potential. The community's FOMO sentiment is also gradually accumulating: once KR can regain key support with increased volume, it may open a window for a "false drop turning into a bargain" rebound.

In terms of operations, aggressive investors may focus on whether there are intraday fund movements or large orders supporting the price, combined with significant changes in volume and price for short-term rebounds; while conservative investors are advised to wait for new intraday highs and significantly increased trading volume as confirmation. Overall, KR shows signs of nearing the end of its "bottoming" phase, and the key will be whether funds are willing to ignite buying—holding the support opens up opportunities for a rebound; if there is an unexpected breakdown, it is advisable to decisively cut losses and wait for new signals of bottom stabilization