NYSE:KO again visited the trend line. Will it bounce again? Volume shows the sell momentum is slowing. Don't forget this is one of Buffet's favorite stocks.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
-Looking at NYSE:KO from Pandemic we can see a triangle being formed by
Support trendline with Resistance trendline coming from ATH.
Triangle's Apex can push as far as 324 Days to play out.
Even if it takes a shorter time-span, must be noted that price would still be
trading within a Range 58$-64$.
I know Warren Buffet is not as much scared of this, as his...
On the 1H chart, KO is well positioned having bounced up from the dynamic support
of the deviation line under the mean VWAP and now approaching the POC line of
the volume profile over the past month. the dual time frame RS indicator shows
lines in the mid-range between oversold and overbought. I believe KO will cycle
up towards the dynamic resistance of the...
Coca Cola has done little so far this year, but some traders may see potential for movement to the downside in coming weeks.
The first pattern on today’s chart is the series of lower highs since the last quarterly report on July 26. KO has recently tried to hold roughly $60.50, which has produced a descending triangle. That’s potentially bearish.
Second, MACD...
Formation of a symmetrical triangle is almost complete. A breakout likely by end-September. First resistance at 64 by end-2023 which will then reach 70 by Feb-2024.
We have 2 scenarios for KO stock.
If the horizontal support holds, we expect the price to bounce hard and reach the target for longs shown on the chart. The price may also go a bit higher and retest the downsloping resistance of the descending triangle which would be a final target for longs now.
If the horizontal support fails , we may see lower prices.
We have...
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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
Shares in Coca-Cola Company (The), (‘KO’) have made some gains in the first half of the second quarter with a top gains of around 10% before incurring losses and currently sitting at a minor profit of around 3%. The company is expected to report earnings for the quarter ending June 2023, on Friday 26th of July before market open. The consensus EPS is $0,71...
KO as a long standing Buffet holding- is a slow mover with a decent dividend. For stock and
especially options traders like myself, it is now well positioned for a long trade.
KO's recent pivot highs were early to mid May with the highest trading volume at $64 according
to the interval volume profile.
KO descended mid-May into June 1st and then had a Fib....
KO as a long standing Buffet holding- is a slow mover with a decent dividend. For stock and
options traders like myself, it is now well positioned for a long trade. KO's recent pivot
highs were early to mid May with the highest trading volume at $64 according to the interval
volume profile. KO descended mid-May into June 1st and then had a Fib. retracement...
Hourly downtrend inside of Daily downtrend. Nice 15 minute supply zone to hop on board.
Did I follow my plan?
Entry: Yes
Exit:
What mistakes did I make?
What could I have done better?
What rules would have helped the above?
So much to talk about in 1 chart!
NYSE:KO , 5min
At 3:15pm Friday, we finally broke value for the week, then month, and year, down to take out two VPOCs (weekly and daily).
Great example of how price obeys #MarketWebs across timeframes!
VPOCs act as magnets for the market. They are where price and volume were most active in the past and the market remembers these levels. Often price will reverse from tagging these levels.
They're great for trade targets or for trade entries with limit orders.
