$KO - Timing is everythingCoca - Cola is one of the best "blue chips" companies on Wall Street, so it's always a good idea to add it to your portfiolio.
We have a clear uptrend after the price formed a bottom in the first Clousire.
Company has payed out a dividend, so that's the spike in volume as traders were cashing in.
Currently the price is in the middle of the trend, so it's not a good idea to buy here. I would wait for a correction at the marked zone. SL placed appropriately.
KO trade ideas
COCA-COLA : BEARISH CYPHER PATTERN IN H4 TIMEFRAME 🔔Welcome back Traders, Investors and Community!
Analysis of #KO / COCA-COLA CO
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KO is ready for breakoutKO is set up for a breakthrough setting a new line of support and could see KO go to pre-covid prices!
Not only can we see the setup for the breakthrough but coca-cola has confirmed it will be going through with the reconstruction plans.
I'd like to hear your opinions on this down in the comment section and as always hab=ve a great day traders!
Entry Signal - Retest of ATHHello traders, I am bullish on Coca Cola stock as it managed to break the resistance at $51.5 which in turn supported the price when it was retested earlier this week. I can see highly favorable trade from risk to reward perspective as following:
Entry at current market rate at $52 with SL below $50 depend on your risk management.
TP1 @ $55 and TP2 at $60 (ATH) and could possible go higher though we will need to reevaluate based on pricing structure.
Do you agree? Please share your thoughts and good luck.
$KO Bearish Swing TradeGreen Line - Entry Target
Red Line - Exit Target
Pink Line - Stop-Loss
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KO - Remember Coca Cola ?Good morning fellow investors, after several weeks it's time to take a look at Coca Cola again. NYSE:KO
I wonder if somebody remembers the analysis i published a few weeks ago, in which i suggested to go long.
After a rough ride coca cola finally broke out of the boring sidewards movement and started wave 3 with high volume!
I expect that coca cola will reach prices of atleast 56$ until a short wave 4 correction will start.
After this correction new ATH's are in reach and we will very likely reach prices of 60$ or even more. So stay tuned!
The RSI shows first signals of a "overbought" situation, this should be a warning signal.
Neverthless i am holding my positions and will put the stop-loss on entry very soon.
1# Long 14.9.2020
Long at: 50.29$
Profit Targets: 65$, Longterm 70$-80$
Stop-Loss: 46.86$
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