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COCA COLA DRNCOCA COLA DRNCOCA COLA DRN

COCA COLA DRN

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COCA34 trade ideas

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 $60 (ATH) and could possible go higher though we will need to reevaluate based on pricing structure. Do you agree? Please share your thoughts and good luck.
NYSE:KOLong
by Zaitermo
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NYSE:KOShort
by jonny_red32
KO - Remember Coca Cola ?Good morning fellow investors, after several weeks it's time to take a look at Coca Cola again. NYSE:KO I wonder if somebody remembers the analysis i published a few weeks ago, in which i suggested to go long. After a rough ride coca cola finally broke out of the boring sidewards movement and started wave 3 with high volume! I expect that coca cola will reach prices of atleast 56$ 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$ =================================================================================================================== If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
NYSE:KOLong
by Mendenmein-Capital
2
Coca-Cola (KO)Expecting KO to make a bullish impulse. Price made a strong bearish move to the downside, found support and created a double bottom, which shows that price may be ready to change directions. On the 4h time frame you can see a large bullish candle created after the previous indecision candle. Price broke past the previous low ultimately creating a new one. Now, I'm expecting price to retrace/test the previous low or the 50.0-61.9 area of the fibonnaci. Price may form a bearish candlestick structure and create a continuation to the downside.
NYSE:KOLong
by NoCeilingsTrading