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DailyChartist

$KO - Timing is everything

Long
Coca-Cola Company (The) (NYSE:KO)  
DailyChartist  
NYSE:KO   Coca-Cola Company (The)
Trend Analysis Technical Indicators Fundamental Analysis Stocks coca-cola stocksignals stockstrading stockstobuy stockstowatch stockstotrade stockssignals trading
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Coca - Cola is one of the best "blue chips" companies on Wall Street, so it's always a good idea to add it to your portfiolio.

We have a clear uptrend after the price formed a bottom in the first Clousire.

Company has payed out a dividend, so that's the spike in volume as traders were cashing in.

Currently the price is in the middle of the trend, so it's not a good idea to buy here. I would wait for a correction at the marked zone. SL placed appropriately.

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DailyChartist
KO has reached my preferred levels to enter long
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