Are we at a top on Coca Cola?
Updated
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 setup will be in the comments!
Structurally this can have a big downside. Will it happen? Who knows, if it happens... id like to be in the trade.
What are your opinions!?
Trade responsibly and thanks for looking!
Structurally this can have a big downside. Will it happen? Who knows, if it happens... id like to be in the trade.
What are your opinions!?
Trade responsibly and thanks for looking!
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