Completed Trades are trade ideas that have hit one or more of their price targets. Many trade ideas will list multiple targets as some traders might choose to hold some or all of the position for an additional target(s) after the initial target is hit. Therefore, many trade ideas on this site will often appear in both the “Active” and “Completed” categories simultaneously. Trades are removed from the Active Trades Category either upon hitting the final target or if stopped out before then. Once removed from the Active Trades category, these trades and all associated posts will be archived indefinitely in the Completed Trades category for future reference.
KR (The Kroger Company) hit a high of 24.40 yesterday, 4 cents shy of T1 & gapped up to open at 27.32 today, where any standing GTC sell limit orders at 24.44 would have been filled. This provides a 30.3% gain from entry, including the 0.125 dividend that will be paid tomorrow to shareholder of record as of Nov 15th. Although I had a potential long-term target at the 28.66 area, KR is now trading at the top of the big June 15th gap which is likely to act as resistance. As such, it would be prudent to book full profits [...]