A pretty simple analysis that shows that Coca-Cola Co might be facing a drop as a result of a bearish trend change produced by a Head & Shoulders pattern. This said drop could have a 3.31% fall-off until it reaches an approximate 43.7x zone.
Coca-Cola just flashed buy, investors are still bullish on the stocks. Trade at your own risk!
long term trend is in a strong uptrend intermediate time frame is showing long term moving average rising with the medium term flattening looks like a shallow pullback with strong support confluences at the .236 retracement level and volume by price and dynamic support volatility is contracted and congested at said area looking for an advance upward rsi pulling...
Hey let's see if this plays out. I am very happy I analyzed this because LONGS could get trapped here. Earnings are 4/25/17 before market open.
Got Filled on short Position: KO 0.74% 17MAR '17 42 P @0.46 Target: stock $41.20 / option at least $0.6
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
Waiting for a decent pull back here, is has valid targets at 60.xx and 70.xx+ one can dig in smaller TFs for longs.
buy @$38.82 right below X we have strong weekly support offering downside protection (red line)
Here is my trading setup for KO. I am using a trend based strategy so I will update this idea when I have a sell signal, I do expect this stock to bounce. Again guys these charts are just ideas or a guide for you to learn or follow from if you agree with me, I am not recommending anything or selling any signals.
Seems cocoa is finding a way lower. On the monthly I see too much pressure building. Path of least resistance is likely to the downside at this point. I prefer to get in a bit early than wait for the pennant to break to the downside (if it does).
The chart tells it all. Set Stop Loss and Take Profit accordingly. Manage your risk and enjoy the profit.
KO is very negative here. Looking to short towards the 43 region. Massive underperformance of the market. Keep stops above 46.65, or use 1-3 ATR distance. Good luck if taking this trade. If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private...
Prediction: Coca Cola Co. to come down to the fib level and then reverse to continue the uptend as depicted by the arrows.
WE HAVE SOME SYNERGY APPROACHING THE BREAKOUT HIGHS. TIGHTEN UP STOPS IF LONG AND KNOW YOUR PRICE ACTION MAIN PIVOT OF 36-34 SHOULD BE WATCHED CLOSELY IF APPROACHED.
Coke is short and if it breaks 45 load more :)
Prior support + 2 important fib levels would act as good support if price were to retrace down to around those levels.