Coca
KO Millennials are not too thirsty for Coca-Cola While carbonated soft drink volumes fell in the U.S. in 2016 for the 12th consecutive year. The Consumption of Diet Coke dropped 4.2%, compared to its rival PepsiCo Inc, Diet Pepsi that declined around 9%. However Coca-Cola's own numbers show a 4% decline in Diet Coke's volume in U.S. which it means the reason why this company is always trying new formulas to keep a green and healthy product. But for these days Millennials who really are looking for green and healthy products, makes complicated Coca-Cola's job. Perhaps this company is appealing for good old times, so old investors sometimes prefer to push the price to $48.90 and $50 while they're drinking a coke... with sugar.
Have a Good Trading Week.
Cream Live Trading, Best Regards!
Coca Cola Seasonal Decline ExpectedAccording to seasonal chart Coca Cola shows a decline in August until end of September.
Move is supported by HTF price action.
Coca cola company coming up on supportTechnically Speaking
Coming up on the support level at 41.00 and the 200 WMA. A break below possible exposes the next level of demand at 37.00
The stock has only closed below the 200 WMA for a few weeks in 2015. Before that, you have to go all the way back to 2010 to find a period of sustained trading under the 200 WMA.
Always know why you are buying a stock or any investment for that matter?
Is it a swing trade?
A long-term hold?
Are you buying for the dividend? Speaking of dividends, the current div yield on KO is 3.37% To get a sense of how safe the div is, here is a link to the history: www.nasdaq.com
Even though I lean technical, I always like to know what I am buying. You never know, maybe you will have an insight into one of these companies and you will choose to hold on. Good things tend to happen when you hold onto winning trades over the long run. Eventually you will catch fat tail and move up a level in the trading world.
Coca-Cola Company – near supportCoca-Cola Company is in a falling trend and we can expect it to continue to fall. Also, the stock is near its ceiling of the trend channel, and can give a reaction down in the stock price. The stock gave a sell signal when it breakout from the rectangle formation at 43.38. The next target at 41.19 is almost reached, where the stock will find a support line. If it breaks the support line at 43.19 then the further decline is signaled.
From the technical analysis the stock is negative for the medium long term, however the stock is near a major support line, and if the fundamentals withing the company are good, it can very well bottom out here.
KO - Trading Setup & Plan (Case Study)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.
Cup and Handle for Coca Cola KOThis looks like it could be a gigantic cup and handle forming for Coca Cola. The top from 1998 ($44) was recently hit again forming the cup. Right now some consolidation is happening and forming the handle. The handle looks kind of sloppy to my, but regardless, if this breaks up above and has high volume $45 I see a %50 - %100 rise playing out .
DOW JONES OVERVIEW: COKE IS IN MACRO RANGE, SHORT TERM RISKCoca-Cola trades in macro range - on 5 and 10 year basis.
Price is now currently trading between 2 key levels. The lower level is 5-year (260 weeks) mean. The higher level is upper 1st standard deviation from 10-year (520 weeks) mean.
Price trading within 1 standard deviation is not trending, thus the range outlined above is lateral.
On short term basis, however price succeeded in falling below the 1st standard deviations from quarterly (66 days) and 1-year (264 days) means, thus it is on a downtrend risk here at the moment.
Overall situation hints that the price is likely to remain in the long term range for observable future (38.00-40.50)