KO Coca-Cola Long Trip BottomLooks like a trip bottom forming on daily. Charts look good on the Weekly as well in my opinion. Good setup with a relatively tight stop.
Always base your trades on the possibility of it going wrong and adjust your risk accordingly. Never risk what you cannot afford to loose. Good luck everyone!
Tips are always welcome and will encourage us to release more setups. Thank you! : )
BTC 2.53% 2.56% ~ 3AzvnCnCE84CCBrJgbYJoZReGomeFWWQnc
ETH ~ 0x6BD4C177BA087B83c4505d1a997167b0fcFe6D74
LTC ~ MKpsqHCkYVZWgC8GyWERA5WJerxosgduKz
KO
Would you like fries with that Dip?Fat America is still alive and well.
Last I checked the Fed isn't hiking the Burger rates.
MCD continues to perform and even if we see some flatness and downside in the next couple weeks this is still a good buy.
Bearish on the average Joe's ability to choose proper sustenance
Bullish on burgers and fries.
Also check out KO for a nice cheap beverage to quench your thirst for green candlesticks.
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!
KO looking for pullback before breakoutlong term trend is in a strong uptrend
intermediate time frame is showing long term moving average rising with the medium term flattening
looks like a shallow pullback with strong support confluences at the .236 retracement level and volume by price and dynamic support
volatility is contracted and congested at said area looking for an advance upward
rsi pulling back to support in 50 area with positive volume pressure
looking for entry in this area..will not enter if goes below 45.27 area
long COCA COLA @ daily @ trading capability until january`17Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Overnext month i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
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.
Cocoa toppingSeems cocoa is finding a way lower. On the monthly I see too much pressure building. Path of least resistance is likely to the downside at this point. I prefer to get in a bit early than wait for the pennant to break to the downside (if it does).
KO: Underperforming the market, short to 42.8KO is very negative here. Looking to short towards the 43 region.
Massive underperformance of the market.
Keep stops above 46.65, or use 1-3 ATR distance.
Good luck if taking this trade.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.