Hi, according to my analysis of Coca-Cola stock. There is a good buying opportunity. We notice that the stock came back from a very strong area, which is the strong support at 59, which it could not break several times. All of these things indicate that the stock remains in a very positive state. good luck for everbody
#InstintoFinanciero Datos que observo que me llaman la atención: # Rebote en el 61,8% # No logra sobrepasar la EMA(200) # Bajó el volumen # Presentación de estado de resultado
Chart says it all. We are trading inside a descending triangle, with clear support indicated by the blue zone, and a decreasing trendline indicated with blue. Take a shorth with your own preferred SL/TP. Trading is not about copying but about forming your own opinion.
That time is good for SELL position. You can sell after ex-dividend.
According to seasonal chart Coca Cola shows a decline in August until end of September. Move is supported by HTF price action.
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Overnext month i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron