An example of a market that is at ATHs but the long term uptrend is still intact. May be starting to show signs of topping out so will be on the watch out for failures at the previous high.
Dears,
KDP is heading to all time high resistance, if the resistance is broken, then possible retest at $37 then it will go higher.
Looking to this from different perspectives, i think this is going lower after hitting the resistance at $37.
Once this confirmed, i will open a short position, most probably PUT options for middle 2022.
Let me know your...
NASDAQ:KDP
Possible Scenario: LONG
Evidence: Price Action, Momentum
TP1: 36$
TP2: 37$
Call options, Strike 40$, 01 /21/2022
Call options, Strike 36$, 09/17/2021
*This is my idea and could be wrong 100%.
TF: D
1. MACD Lines Entering Bottom
2. KC Price Drop Below Lower Line
3. MACD Histogram Bear Losing Power
4. Pullback
5. Impulse System Green or Hollow
6. All-Time High
7. Price Back to Blue Line/ Value Line (Entry Price)
All textbooks on technical analysis state that the reverse H&S pattern cannot be at the top. However, new studies say that the reverse H&S at the top can be executed, I have traded such a pattern on #TSLA, #FB and a number of other securities, and statistically this pattern has a fairly high reliability. The same pattern is now formed on #KDP, with the target of...
Gameplan:
Entry: $32.28 Above Figure
Stop: $31.19 Below Figure
Target: $40 Phycological Figure
Setup: Bull Flag
Key Levels: $31.50, $32, $35, $40
I really like this setup because it has technical formation and it has been consolidating for a decent amount of time making it ready to push past previous all-time highs and to hold the $32 area. Another reason I this...
Keurig Dr Pepper $31.88 - stagnant for 2 years but has just broken out to a 18-month high following the formation of a sideways base consolidation. Technical indicators in a bullish regime. Temporary failure is a weekly close below $30.29.
Adding & adding this stock to my portfolio ! Let this rip !
Thanks for viewing ! This is not financial advice , please consider your own Due Diligence and Risk Management.
Bullish candlesticks setup with huge volume on daily chart. Opening higher will lead to 31.5-32.5-33.2-34.28 ... Keurig Dr Pepper, Inc. engages in the production and marketing of non-alcoholic beverages. It operates through the following segments: Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages. The Coffee Systems segment...
KDP is oversold on the weekly chart in regards to indicators. The past 3 weeks/candles show us strong buying pressure at these levels indicated by the long wicks.
VWAP has settled under the price as support, and Q4 is typically a strong sales quarter for soft drink manufacturers.
Within the next week, the price action should break above the resistance...
