With regard to this bullish bat pattern, 0.618 spot right here will not be the 1st priority to long! I'll pay attention to the 42.50 spot to establish some long positions! Let's see how it goes!
$KO | #CocaCola looks like a BUY here! Sitting on MAJOR SUPPORT!
I see a long to the 786 range coming up there's confluent ideals showing that we go to this range. I am not sure if this happens by the 25th or if we'd need to go into next week. Right now there's tons of strength in the move but the indicators are topping out some in the 1hr and lower frames. A stop at the 618-65 range first before pulling back a little then...
Coca-Cola looking for 200 ma rejection or even lower? >56% chances to go lower. Sidenote: "Top-notch entries are exclusive to members of Cream Live Trading" Learn how to beat the market as Professional Trader with an ex-insider! Have a Nice Trading Week! Cream Live Trading, Best Regards!
Idea for The Coca Cola Company; possibly near completion of an ending diagonal for wave 5 of 5 of 1 (sub wave 1 of a larger wave 3).
LONG TERM PERSPECTIVE (2 WEEK INTERVAL) LONG TERM PERSPECTIVE (WEEKLY INTERVAL) 3 DAY INTERVAL 1 DAY INTERVAL will do further analysis, as time progresses. must see what rest of US stocks do
Nov 30 calls at strike $51.50 are $0.10. If KO continues it's trend from October 26th to Nov 30, KO calls at strike $51 will reach $1 for an upside of 10x. Since KO is only 1% from the bottom of it's trend, one could sell at a 50% loss tomorrow if it breaks it's trend for a resulting Risk/Reward of 0.50/10. In my analysis, this play has a 20x greater reward than risk.
Short term have been trading this up as the patterns have been nice for small bullish moves. Now we're at the top of the weekly ascending channel/wedge/expanding diagonal & have had many waves of bearish divergence with no real breakout to the upside for over 6 years. This is the time to start looking for sell setups (one is presenting itself on the 15 min) That...
Looking at history - Coke is very extended and technically overbought. Time to short.
if this opens this week green, go long. If it opens red, look for nice dip to go long. This chart is extremely bullish and offers a lot of trading opportunities.
As the market becomes so volatile recently, that's when I'll be focused on defensive stocks like KO. Money doesn't really have many places to go and U.S stock market is still one of the best choice as not so many comparable alternatives, but it will be much more a bottom-up strategy than top-down strategy recently. To trade both bullish bat, here we got this KO...
T1:46.02$ T2:46.39$ T3:46.80$ T4:48.87$
Looks like a trip bottom forming on daily. Charts look good on the Weekly as well in my opinion. Good setup with a relatively tight stop. Always base your trades on the possibility of it going wrong and adjust your risk accordingly. Never risk what you cannot afford to loose. Good luck everyone! Tips are always welcome and will encourage us to release more...
Fat America is still alive and well. Last I checked the Fed isn't hiking the Burger rates. MCD continues to perform and even if we see some flatness and downside in the next couple weeks this is still a good buy. Bearish on the average Joe's ability to choose proper sustenance Bullish on burgers and fries. Also check out KO for a nice cheap beverage to quench...
Hi guys. This one is looking strong imho as long as the megaphone keeps standing. Please feel free to comment.
While carbonated soft drink volumes fell in the U.S. in 2016 for the 12th consecutive year. The Consumption of Diet Coke dropped 4.2%, compared to its rival PepsiCo Inc, Diet Pepsi that declined around 9%. However Coca-Cola's own numbers show a 4% decline in Diet Coke's volume in U.S. which it means the reason why this company is always trying new formulas to keep...
Hi guys. Watch for a breakout off the suggested level. Shared humbly. Thank you.