KOCL trade ideas
KO RETEST $55 UPTRENDThe technical indicators are confirming a positive uptrend to retest 55 and then possibly 60 after the market correction at 42.
Possible stop loss / entry exit points for swing traders can be seen in the highlighted area above.
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I'm looking forward to your constructive and respectful feedback.
Best Regards, Ev
Breakthrough in Coca Cola?Coca Cola might be getting triggered on a Triangle breakthrough. Yesterday it cleared resistance at $49.86 with strength, if you are thinking of going long the underlaying:
Buy Limit: $51.70 (let the stock clear the gap first)
Stop Loss: $48.86 (if the stock breaks on the downside this level, pattern is invalid).
KO SHORTHComparto idea de short de KO. Si bien los indicadores me dan que que el activo puede subir, se encuentra en el techo del canal testeado tantas veces. Mi idea seria poner un TP en el piso del canal y un SL por encima del techo del canal. Es un Ratio 3 a 1 con lo cual el beneficio podria ser muy bueno, sobre todo ya que KO nos mostro muchas veces que no puede superar ese canal.
Saludos!
Coca-Cola: a possible development optionThe price is at the strong resistance level (4H). If the price goes up from it, I expect further growth.
Confirmation of the deal will be a rollback to the line from top to bottom with a further rebound by a pinbar or engulfing on the 4H time frame.
Stop loss and two profits are marked on the chart.
Not investment advice.
Good deals to everyone!