KOD trade ideas
drop below sma looking for short to supportKO KO has opened below sma triggering a sell in my opinion towards $44
$KO daily - update from a week ago- Gap filled and right shoulder has formed
- big inverted hammer print today
- Rsi trending down
- Entered too early and took a loss.
- Will re-enter short if 46.30ish breaks
Coca-Cola ShortHey everyone
There is another little divergence in this Coca-Cola stock. For me this is a short :-)
Let me know, what you think!
GoNoGo Charts looks at long term trend for Coca-ColaThe chart above is a GoNoGo weekly chart of Coca-Cola. This long term chart shows how the beverage maker has rallied from the extreme low in March only to be turned away by resistance around $50 several times.
Currently, price is marching up to that level again and this time it has some bullish momentum with it. The GoNoGo Oscillator has not been turned away from the zero from below but instead has broken into positive territory.
The trend is still “NoGo” but perhaps this time price can break above resistance and if so, bring about a longterm change to a “Go” trend.
What are the GoNoGo Indicators?
The GoNoGo Trend indicator blends traditional trend concepts to color price action according to the strength of its trend. The colors range from *bright blue (strongly *bullish) to dark *purple (strongly *bearish)
The GoNoGo Oscillator blends traditional *momentum concepts to demonstrate the velocity of price action. The oscillator ranges from -6 (extremely *oversold) to +6 (extremely *overbought)
KO long opportunityKO long opportunity
Entry price 49, stop loss 44, target value 59
Signals>
RSI
MACD
Volume
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.
$KO dailyEntered next week puts as we came within .05 of gap fill that I was looking to see filled for better structure.
Daily hammer not good for bull case.
Gap up will cut.
Gap down will look to add to 7/31 46s.
$KO COCA COLA $50 targetNice move today on good volume above the $48 level which was previous resistance .
RSI has room to run higher
Pro-Cyclic buy Over 50$Coca-Cola is paying a dividend for more than 58 years! Thats a number right?
The income per share for the last quarter was 0.41$ exactly the amount of the dividend. Despite this is quiet a break-in, I think this is a good sign for the Coca-Cola Company.
To the technicals:
There is a resistance Cluster ahead between 49.19 and 49.96. When the price surpasses the 50$ mark on a "daily basis" it could be well time for a "procyclic buy".
RectangleLooks like it is trading in a Rectangle
KO is a slow mover as a rule without a lot of volatility and a good dividend
There is no telling what is around the corner as far as what will be popular in the market
If stock breaks out of channel, stop would be at mid channel
Coca Cola D1 Summer SeasonFor Coca Cola, summer is very profitable. With the onset of high air temperatures, the population of the entire planet consumes a lot of liquid. Including Coca Cola products, because this company is the most popular all over the world. According to a social survey, 95 percent of the world's population knows this company. This year, the company's stock made a strong fall at the start of the pandemic, as did all equity markets. But with the start of the heat and the partial lifting of quarantine restrictions, the shares went up. In front there are two more months that can become quite potential for the company in terms of sales of the company's products. A good profit will stimulate stocks to rise anyway.
$KO daily-h&s
-would like to see gap fill above first to 48.57 for better structure
-looking for a break of 45ish
