KO trade ideas
KO - K.O.?Looking for defensive large cap value names, KO is certainly something to look at. In the light of the massive (out)performance of growth over value the name is probably also not really a "flavor of the day". But with all the frenzy going on out there I don't mind to add a bit of "boring" these days...
KO was on my list for quite some time and after the recent pullback towards the $50 area I decided to give it a shot.
From a fundamental perspective the stock is not cheap compared to other consumer staples, however I like the stock offers a solid 3.3% div. yield. It's a household name with global exposure and a well diversified product offering. In short, a solid all weather stock, suitable for a long term holding.
Technically I use the recent pullback as entry level for the following reasons;
- $50 is a psychological and traded short resistance, turned support level that has held over the past 3 trading days
- The formation of a hammer, followed by a forming Doji on a higher low shows further confirms that buyers and sellers seem to balance out at this level and the slide has halted (for now)
- MACD is still a strongly negative signal, however it seems somewhat stretched and I expect a reversal around these levels
- RSI is week and points towards a positive reversal
- One could argue to spot an inverse pennant pattern, a per-se bearish sign. However, I would counter that the stock is not in an overall downtrend and therefore the pattern is not valid (yet).
Resistance on the climb back up is met pretty much in 1$ steps.
My trade
- Long @ $50
- SL @ $47
- Take profit @ $57.80
I might lift the TP and just let the stock run as a long term dividend play
***This is my personal view and does not represent investment advice. Risk management is key and do not risk what you can't afford to loose***
Coca cola good buy opportunity.Hello everyone,
My name is K, I have been trading for awhile and giving free signal to my close friend but have never publish my idea on Tradingview or any other sites. This is my first time and If things go well, I will keep posting my ideas up here.
I mostly cover US, EU, Australia and forex.
Here is my plan to for Coca cola.
Price dropped down to the support zone give us a good opportunity to buy this amazing company for short term profit and long term investment.
Price is very close to moving average and soon, it will start giving reversal signal and pushing up.
Goodluck to everyone who follow my idea.
Click a like button if you think this is useful. Thank for your support.
KO -> I see bullish trendHi,
Seems that KO found the support line (according fibo, as well). It should grow slowly, in my opinion.
AG
KO LongDemand Zone confirmation
EMA50/EMA200 as support zone
Uptrend Channel bottom
Entry 51
stop 49
Target1 55
Target2 58
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Trade active: Option trade:
Buy May Call Spread C52.5/60 limit 1.55; Delta= 0.31, Theta = -0.01
KO has reached my preferred levels to enter longFollowing my last idea about Coca - Cola I opened a long position in KO. Price has reached my preferred zone to execute a long position. SL is appropriate regarding my risk tolerance. My entry is 50.08 with SL 46.58.
COCA-COLA ON THE S/R ZONE🙋♂️ Hello Stocks Community!
Coca Cola is now on the key S/R zone of 2021. You can see my prepared trade with SL and TP!
More information about my trading style:
I am not a pattern trader. My strategy and edge are based on volume zones where I see Big players were trading. When the market comes there, I want to enter a trade. Every day I identify key levels and key zones, then I just wait for the price to come.
Hope it helps,
See you next time!
is it the perfect time for coca cola KOthis is the first time i will analyse this stock
as we can see two green areas to buy and targets are marked
for the time 19 MAR
as we notice that there is a diverge so hope to complete the double bottom
Coca-Cola could be the recipient of value rotationI dont see a reason why this wouldn't happen. If you do - please let me know below.
Consolidation on previous highThe price is retesting the previous high. Now it's consolidation. Form will either break formation on the bull side ,or respect this resistance zone. Im leaning on the short side.
Coca .. turn on Dec 16-17 is expectedMost likely KO will turn down after Dec 16 for a few days at least .. it is near the resistance line as on Dec 15.
Dec 16 is also 30 and 60 degrees harmony from previous dates.
Coca Cola D1The Coca Cola Company is one of the largest soda producers. Their products are successfully sold all over the world. After the crisis period associated with the corona virus, stocks began to recover their growth. The New Year period for the company can become very potential. Because in spite of the world quarantine, the population of the entire planet will celebrate, and the company's products, as always, will be very popular. Which will stimulate the stock to grow.
