A COCA COLA long ?
Updated
I see a possible good opportunity to '' pull the trigger '' for coca cola stock,
I'm bullish from the fundamental side, the beverage sector is doing good ( read the last PMI ISM report ), the company has shown good results and increasing P/E ratio over the last year and quarter and positive earnings estimates.
Technically speaking, we are now between the '' ready '' and '' Go '' , and waiting for a break of the triangle... no rush wait for confirmation.
Note : This is a part of an overall systematic portfolio management process ( in depth fundamental and tech analysis ) , risk management ... etc
I'm bullish from the fundamental side, the beverage sector is doing good ( read the last PMI ISM report ), the company has shown good results and increasing P/E ratio over the last year and quarter and positive earnings estimates.
Technically speaking, we are now between the '' ready '' and '' Go '' , and waiting for a break of the triangle... no rush wait for confirmation.
Note : This is a part of an overall systematic portfolio management process ( in depth fundamental and tech analysis ) , risk management ... etc
Trade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.