Cocacolacompany
Coca-Cola: Opportunity of a Lifetime?A quick word on what is going on with Coca-Cola.
It seems like we are seeing the largest correction from the Covid lows in March 2020.
Looking for another leg lower into wave (C) before we could expect some upside.
As always feel free to as questions and leave a like if you enjoy the content!
Trade safe!
Coca-Cola fall back to 1.618Coca-Cola fall back to 1.618
This chart shows the weekly candle chart of Coca Cola Company's stock from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, after peaking at the end of April 2022, the stock of Coca Cola Company broke out of the large triangle fluctuation and consolidation trend. In October 2022, after stepping back on the bottom of the graph to the top of the golden section at 1.382, it also broke out of the triple shoulder position of the head, shoulder, and top! At present, Coca Cola's stock has fallen back to the bottom of the chart, which is 1.618 on the golden section. In the future, this position will serve as the watershed for judging its strength!
Coca-Cola I Potential move to upside Welcome back! Let me know your thoughts in the comments!
** Coca-Cola Analysis - Listen to video!
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COCA COLA BUYHi, 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
KO - Extremely Bullish State 3M Coca-Cola has currently provided us a great long opportunity on this 3 Month chart
Price has moved up just above the Gaussian Channel
Last time this was seen (the previous strong bullrun) price soared about 4000% over a period of 20 years
Whos in it for the long game?
Coca Cola Analysis / RSI divergence Hello everyone, as we all know the market action discounts everything :)
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The KO stock has been doing great lately, where in the last 2 weeks the price jumped from $54.28 and reached $56.92 today almost a 5% increase.
Both the short-term and long-term trends are positive. This is a very positive sign.
KO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
KO has an average volume of 14981700. This is a good sign as it is always nice to have a liquid stock.
Possible Scenario for the market :
Looking at how the stock has been doing lately we notice a strong Bullish movement that will lead the stock to the first resistance line at $56.95, if the Bulls were able to push further and breakout that resistance then we could be seeing the stock reaching the $57.92 range by the end of the week.
In case they weren't able to breakout the first resistance then a correction wave will happen that will cause the price to drop back the support line at $56.13.
Technical indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The MACD is above the 0 line indicating a Bullish market with a positive crossover between the MACD line and the Signal line
3) The RSI is 64.84 showing great strength. with a small Bullish divergences
Weekly Support & Resistance points :
support Resistance
1) 56.14 1) 57.03
2) 55.67 2) 57.45
3) 55.25 3) 57.92
Fundamental point of view :
Kepler Capital analyst Richard Withagen maintained a Buy rating on Coca-Cola (NYSE:KO) Europacific Partners on Tuesday, setting a price target of EUR59, which is approximately 17.15% above the present share price of $57.8.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Coca-Cola Europacific Partners, with an average price target of $66.65.
The analysts price targets range from a high of $76 to a low of $48.78.
Coca-Cola European Partners (NASDAQ:CCEP) Plc engages in the distribution and sale of ready-to-drink beverages. It operates through the following brands: Coca-Cola, Diet Coke or Coca-Cola Light, Coke Zero, Coca-Cola Life, Fanta, and Sprite. It also offers energy drinks, waters, juices, sports drinks, and ready-to-drink teas. The company was founded on August 4, 2015 and is headquartered in Uxbridge, the United Kingdom.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
KO (Coca-Cola Company) Target Price 57.55KO (Coca-Cola Company) show signs of more bullish moves. On the H1, H2, H3, H4, and Daily Chart:
@higher lows were created,
@EMA 10 is above the EMA 20
Charts shown below are H1, H2, H3, H4, and Daily Chart:
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Charts below were the best entry points:
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COCA COLA LONG WE HAVE REJECTION OF PITCHFORK TREND , AT THE SAME TIME IT'S REJECTING SUPPORT WITH 190 MA , WITH A LONG PIN BAR CANDLE , & IF WE TAKE A LOOK ON FIBO'S IMPORTANT LEVEL WE HAVE STRONG REJECTION , THE RSI IS SHOWING US A KIND OF DIVERGANCE , WICH CONFIRM OUR PROBABILITY , SO BETTER TO TAKE A LONG POSITION ON THIS MARKET , TILL 83,30 & TRAIL STOP THE PROFITS !
Coca-Cola bullish potential!Hello fellow traders ! The chart speaks for itself, nice bullish candle trend break with the 50 day moving average as support. MFI was oversold and making its way up, stochastics gaining traction as well. Looking at the fib levels to have an exit plan. Just my opinion! Good luck ! ;)