KO is forming a Bullish ascending triangle, with a breakout set to occur at $50.
If KO breaks the $50 resistance, we can expect a climb to $52.
10-Day EMA has crossed and remained above the 50-Day EMA, indicating a short term bullish pattern.
If KO breaks the $50 resistance, we can expect a climb to $52.
10-Day EMA has crossed and remained above the 50-Day EMA, indicating a short term bullish pattern.
Comment:
Prepare for profit, hopefully KO can finish the day above $50 to verify trend.
Trade active
Comment:
9/18 $50.5 C ($0.81 avg cost)
Trade closed manually:
Secured Profit (+36% Profit)
Trade active:
9/25 $51 C ($0.55 avg cost)
KO continues on its bullish run. Forming nice support around the $50 mark and has solid room to grow.
TP1: $52
TP2: $58.8
KO continues on its bullish run. Forming nice support around the $50 mark and has solid room to grow.
TP1: $52
TP2: $58.8
Related Ideas
KO to $54+
ProfessorBurns
about KO