KO trade ideas
KO - A Long Term BuyKO.
Diet KO, reg KO, KO zero, I think they even have a hard seltzer.
They are still about $10 away from prepandemic Highs and, best of all they pay D I V I D E N D S.
adding it to my Long Term account in the form of shares.
COCA-COLA make a movement in MarchThe price it bounce back after hit the support zone, price looking forward to hitting resistance zone. So take a control risk to your account.
I am not take any responsibility if you use my strategies for trading.
You make yourself decision so control the risk that you can afford.
bullish price channelthe stock hasnt reached its all time highs
caused by covid 19
and what ive learnt from large companies is that they always want to better themselves
im looking going long with my tp at 60$
KO: Falling Wedge$KO is one of those stocks that doesn't like to make very strong moves. Anyway if you give it some time it will reach your goal.
Thank you and Good Luck!
$KO with a neutral outlook following its earnings $Stocks The PEAD projected a neutral outlook for $KO after a positive over reaction following its earnings release placing the stock in Drift B
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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 DAILY- SELL
- BEARISH CHANNEL BREAKOUT
- PRICE CLOSED BEARISH ON MARKET CLOSE
- AWAITING 20/50 MOVING AVERAGE CROSSOVER TO CONFIRM DOWNWARD BIAS
KO to the downsideThis is KO's weekly chart. The current bar is still open and it's only Tuesday. 3 more days to go tp see if it will end up being a shooting star pattern on a trend line retest.
The MACD histogram is showing weakness as well with a potential cycle peak.
Also, we had a lower low today vs yesterday. Forecasting a retrace back to $52 area in the next couple of days before heading down.
Target profit 1 is $48.50
Target profit 2 is $44.50
If price goes above $52.50 in the next few days, then this setup is invalidated.
Disclaimer: I'm not giving any trading and investing advice. Just sharing my chart observations.
If you have any symbols that you'd like met o analyze, feel free to drop me a comment.
Thanks!
KO long positionSwing trade idea, if you want entry in KO decent for long position also works. PT on fib line exit on fib line.
Coca Cola Can Disappoint in Next Couple of MonthsBecause a company is a household name doesn’t make it immune to market declines. Coca-Cola stock fell from ~$60 to as low as $36 a share in roughly a month during the 2020 Coronavirus crash. That is about 40% decline, fortunately for the bulls, was followed by a recovery to approximately $55 by the end of the year.
Is this a good time to join Coca-cola bulls?
The daily chart above makes it possible to analyze KO’s structure from its $60.09 top from an Elliott Wave perspective. The sharp decline to $36.20 can be seen as a five-wave impulse, labeled 1-2-3-4-5 in wave (A). The EW theory states that a three-wave correction follows every impulse, before the price resume in the direction of the impulse.
Another 40% Plunge Threatens Coca Cola Investors
That three-wave correction fit in for the advance from March 2020 low. The corrective rally in Coca-Cola stock looks like a triple zigzag, labeled as W-X-Y-X-Z. If this count is correct, the bearish reversal from $54.92 high is the beginning of wave (C) down. (C)-waves usually breach the ending point of the corresponding wave (A). This means bearish targets below $36 a share are highly probable as long as the price stays below wave (B) high.
Besides, the stock has broken out of major correction trendline and made a short-term impulse-corrective cycle, labeled 1-2. Just like there was a massive sell-off in wave 3 during the COVID-19 plunge, it makes a lot more sense for the price to go down rapidly the same way in wave 3 of (C).
In my opinion, there are plenty of reasons to prepare for a drop to the low $36 in the months ahead.
What's your view on Coca-cola? Let me know in the comment.
Thanks for reading!
Veejahbee.
Bullish CokeCoke has not recovered since the march drop but was consolidating for some time and printed higher lows as well as an ascending triangle. There is a very bullish TK recross on the 1h and a TK cross above the cloud on the 4h chart, a KUMO (cloud) breakout on the Daily. unfortunately there is a bearish TK cross on the weekly chart however taking the bullish signals on the lower timeframes it could lead to a TK recross on the weekly chart which is the most bullish signal using the ichimoku cloud
KO, Long , Trend Following setup This is a good company to buy that should do good with a rising yield environment , it's time for value stocks to shine .
So , I will plan to trade this as a trend following set up . After we exceed the risk vs reward set on chart I will adjust my stop to break even , then I will adjust my stop loss accordingly as we form new supports . Hopefully :)
Another good one to consider is Pepsi , but I like KO's chart more as they are already in an uptrend (higher highs and higher lows formed since April 2020) whereas Pepsi is trading in a range .
KO: Update from previous forecast 2 years ago!Looks like we're in one big correction. Lower time frames are indicating sell setups! What's your outlook on the Coca?
Good Time to buy KOThe price of KO is near a strong support level.
Dont forget to use a stop loss in case it the support level breaks.
KO SetupNYSE:KO stock has been oversold. It's hovering over strong support. Play could be here entry price 48.37, potential target 51.23 and SL 47.13
Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational purposes only. All advice is based on technical and my own opinion.
