Kroger Tests This Key Chart Level After Grocery Chain Raises Outlook

Core CPI and Jobless Claims - Core CPI remains steady while jobless claims reach the highest level since October 2021 [1] Kroger's Quarterly Earnings Report - Kroger reported adjusted earnings of $1.04 per share, reflecting a nearly 12% increase that surpassed analyst expectations [1] - Sales for the quarter totaled $33.94 billion, which was nearly flat and slightly below expectations [1] Stock Performance and Technical Analysis - Kroger's stock showed volatility after the earnings report, bouncing around important chart levels during morning trades [1] - The company has achieved an upgrade to its IBD Relative Strength Rating, indicating improving price performance [3]