KO trade ideas
Saturation!!!KO is being traded ~51.30 and I think it's gone ahead of itself; bears are about to fix that...
First and foremost, the price has moved beyond its territory; KO has a very established bullish channel since 2012. On June 7th, KO closed the day while being above its channel and it did remain there for a couple of days. Shortly after, we moved into the channel on 13th after two Shooting Star candles appeared on the chart. The candles are bearish and I am quite convinced that moving out of the channels is rejected for now. Secondly, the buyers of the Ascending Scollaps and the Ascending Wedge are about to take profit and sell their long positions. For both the Ascending Scollaps (10% depth) and the Ascending Wedge (4% depth), the profit target is reached based on the Bulkowski's Measure Rule; Take profit areas are shown on the chart. This is all happening as both MACD and AO are indicating that the bearish momentum is increasing.
As of now, I am already short (opened the position on the second Shooting Star) and I will scale in if daily MACD signals sell.
Stay tuned!
$KO. Strong uptrend channel. Conservative investing.Do you think how to save money or how to make a decent profit, then you should buy $KO. BTW I like their drinks more than Pepsi, and you?
The biggest drink company, good drinks, and they are considering marijuana-infused drinks. Everything is good for Coca-Cola
Resistance: the upper bound
Support: the lower bound
Enter ~ around EMA 50 line or near the lower bound of the channel.
NO TP, NO SL.
Keep Calm and Hold.
I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Good Luck.
Coca Cola supply and demand analysis and forecastCoca Cola american stock supply and demand trading trading analysis.
Coca Cola stock is in a clear long term uptrend for many months now, creating new demand imbalances and respecting them. No matter which stock trading strategy you use, the bias on Coca Cola stock is bullish unless you are doing intraday or scalping where shorts would also be allowed. As a long term investor, going short or selling short Coca Cola stock with in such a clear uptrend is suicidal.
As a beginner in trading stocks, we recommend you to stay away from lagging indicators. Looking at price action alone without any interference will help you understand how the stock market works, it will help you learn how to trade stocks easier. How to invest in stocks as a beginner? Locate strong bullish impulses that are printing highs higher than previous highs. The strength of the impulse is key to understand where potential new imbalances are created.
Coca Cola american stock has been rallying for months creating new demand levels and retracing to them. The long term bias is bullish with bullish impulses being stronger than market corrections. Demand levels at $37, $41 and $41 have held really way in such a bullish market.
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KO Defensive which only dropped 10% in Q4Note how KO only dropped 10% when DIA dropped 20%. A strong defensive and XLP constituent, where it is currently outperforming (XO/XLP). It is possible it may not follow DIA to a double bottom.
46.68 is a nice confluence of the Summer 2018 consolidation top and trend bottom, and neatly fits 1Q19 earnings date.
The KO’s Price Will Surge Above $50 Soon! The Catalyst is CoffeeHey, traders,
That’s the question Coca-cola, one of the world’s largest beverage manufacturers, is asking as it pivots away from its traditional fizzy soft drinks into other niches. After beating expectations of 46 cents earnings per share with 48 cents , KO stock jumped 3%, finally shattering a flat line for the entire year. A lot of that has to do with Coke’s embrace of alternative beverages, including water, sports drinks, and yes, coffee.
Coca-cola coffee??? As odd as it may seem, Coke is going full-in on the coffee biz, buying up coffee chain Costa Coffee, a common staple in European cities. Costa competes with Starbucks, beating out Starbucks in its home market of the UK by 39% to 25% market share.
James Quincy is taking a big risk... The KO CEO is open about his plan to transition the iconic Coke brand from just soda to other beverages, a move he calls ‘total beverage.’ But while consumers love their coke, evidenced by a 1% rise in sales volume of the traditional fizzy drink, it remains to be seen whether they’d be on board for a coffee or energy drink version as well.
Do You Want a Coke With That? Testing Coke Coffee has already launched in 25 overseas markets, including a Coke ‘Plus Cafe Espresso’ and Coke Energy, but none in the US. They’ve also shied away from rebranding Costa as Coke so far, while developing a new line of chilled coffee products under the Costa brand.
Wut We Think: Soda isn’t going anywhere soon, and rising sales volumes means that Coca-cola isn’t going anywhere either. However, this pivot into coffee, and other beverages may prove crucial to Coke’s future success . Keeping an eye on the Southeast Asia market, where ‘Coke Coffee’ was first launched, is a good idea (and if you’re in the area, pick up a Coke Coffee yourself for a test!). If it’s well received and introduced to Western markets, expect a new beverage craze to strike in the near future .
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