Cocacola
KO Likely to break through $50 and retrace back upKO seems to be attempting it's 4th break above resistance at $50, post-crash. So long as the overall market holds, I believe it breaking above $50 is highly likely this month. If KO does break above $50 while abiding the ascending channel in the chart, I believe KO could reach $55-$60 with a momentum swing within the next 6 weeks. I picked up September 18th $50 strike calls for ~$0.50, so I'm expecting them 10x-20x if resistance it broken through within the ascending channel.
Coca Cola Technical Analysis - KOAnalysts suggest to Buy. The Target price might be set to 55.00 USD.
Prices are moving horizontally inside a channel (in trendless condition) and, based on Technical analysis, the idea is to buy - go long - only if the resistance level of 49.00 USD (I would suggest 50.00 USD) will be broken.
There is still an option that the resistance of 49usd will not be broken and the prices might go down and keep moving inside the channel.
In conclusion, wait that the resistance level will be broken before going long.
Fundamental Analysis:
Coca-Cola plans to cut ‘zombie brands’ from its portfolio
The cuts have already begun. Coca-Cola said that it would stop operations on the Odwalla brand of juice beverages, effective July 31. There will be 300 job cuts as a result of the move.
COKE Long Trade Setup ( Technically ) Welcome to Profitlio Trading!
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Descending triangle - sell opportunity on ColaChart says it all. We are trading inside a descending triangle, with clear support indicated by the blue zone, and a decreasing trendline indicated with blue.
Take a shorth with your own preferred SL/TP.
Trading is not about copying but about forming your own opinion.
Coca-Cola Co (KO) - Opportunity to SELLHey everyone, here's the analysis on KO. Hit the LIKE button, follow us & leave a comment on stock ideas you want to see next!
Summary:
Current price could drop from our R1 zone to our S1 zone, presenting us with a good opportunity to sell.
Action:
Sell Limit: 45.34
Stop Loss: 52.00
Take Profit: 35.00
Analysis:
Monthly trend line was broken and re-tested with a strong rejection off our R2 zone, as captured by the recent spike. R1 zone is holding out nicely as a resistance and current price could drop to our S1 zone.
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"Coca-Cola: Top and Bottom Analysis" by ThinkingAntsOkWeekly Chart Explanation:
- Price was on an Ascending Channel since 2013.
- Price broke it up.
- It is on a Bullish Corrective Structure.
- If it breaks it, it has potential to move up towards the Fibo Levels.
Daily Vision:
4H Vision:
Updates coming soon!