Kagra faces inflation pressure on input costs and pricing limits; stock continues to decline.
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Kagra continuing to come lower here, guys. So again, this is probably pricing pressure in related to their earnings. Kagra maybe not so good here. And again, if you think about it, the input cost, food and energy, right?
I mean, Kagra's got to ship all its TV dinners or whatever it is to to stores. Those costs are going up. The cost of food is going up. How much can you raise the price of a TV dinner before people start just saying, "Hey, listen.
I'm just going to cook it myself." Um, or do the best I can. And so I think there's a lot of inflation pressure on Kagra.
Now listen, if you go to the daily chart, I am watching I have this bigger parallel uh that's quite a bit lower, but I will be watching double bottom a dollar lower around 1260.
If we get there today, I would be interested in a day trade, potentially a swing trade on that.
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