COCA34 trade ideas
COCACOLA is "fizzing"?HHHL
Y1<Y2 + got power up
W&R success
there is a weak Pat A down at resistance = weak resistance
TP @ 52.80
SL @ 48.21
KO, Ascending triangleAscending triangle with resistance based on past support line.
Long when price closes above the resistance line. Stop loss when price closes below the bullish trend line.
Use risk management as always.
Thank you for reading.
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.
Potential short term downside. Personally I plan to hedge out the difference since I had a relatively reasonable entry. Of course I keep a rather wide stop (given the relatively small size of my position) a bit bellow Time Weighted Average Price (TWAP; lowest plain line).
That would be the worst case scenario, my entry and long position is based on qualitative (bottom up) analysis. The stop is still, in my opinion, necessary as if the the price breaches far below that my position wouldn't make any sense on any time frame below 3 years.
Please note that the arrow is just there to illustrate the potential downside I plan to hedge against. It's not a price prediction, I can't see the future.
My short term goal at any given point is always to limit the risk and protect profits. The money will just show up if I'm consistent.
It doesn't get any better than this!!!Let price come right out of our RSI, then we buy.
Wait patiently and you won't regret it!.
KO pre earnings analysis 10-21-20KO is making an inside monthly bar between 47,56 and 52,14, the high open interest strike is at 51 so i am not seeing a big move tomorrow in the earnings report, i would trade KO if price rotate above or below the previos monthly range
kohas been doing nothing i would like to see if this is going to become someone during the week up to Thursday morning and after the numbers come out i would like to see ko gain ground up above $51.55. then we can talk about the February's top but look at the weekly chart it needs to get out of this
KO/Coca-Cola Short-term BUY positionWe have a HUGE support which is the blue line, After testing to the line we will witness rise on the price till the black line with ease.
COCA-COLA CO
COCA-COLA CO
knows this month as a bullish wave and will also continue to rise, which increases the opportunity to buy during this month and even the coming months
BUY to COCA-COLA CO DailyHey traders, COCA-COLA CO is in a fake downtrend with an aborted buyer's attempt and a low volume of buy issued. Looking at the TIMEFRAME 1M we can see a dragon bull which made a striking effect on the VWAP. Strong potential to take off from the support line to make up for pre-session losses. The median will be broken with the buying force big resistance to pass before closing the bearish gap. To go to the recent last collapse which corresponds to a major resistance. And reach the level above which is a symbolic number 51.50 (See TIMEFRAME M15).
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Sideway tradingWaiting for the price to come back down to the 48-49$ range to accumulate
Otherwise waiting for a clear breakout with good volume above the 51.40$ range.
Coca cola for long One stock I've really been unsure about but it's really been settling up for a possible long position so I might just risk a lil on coke. What's ur take on it??
Our Stock of the Day / Coca-Cola Two days ago, we posted a long setup on KO. You can check it on related ideas. Now we have a short setup pending on KO as well.
Which is the logic of this?
a) Currently, we are in a relevant area; the price can be seen as long or short, depending on how it will evolve in the short term. The idea we have is using a system that can provide us with quick adaptation in any direction the price can takes
b) Now, the price is below the resistance zone and is making a pullback on the broken ascending trendline. These two items provide us with a solid setup in case the price breaks below "B" of the corrective pattern (Entry Level). IF that happens, we will open short positions, and we will move our stop to break even on the yellow line. The risk-reward Ratio we have on this setup is 2.1
c) The risk we will take is 1% of our Capital
d) IF the price keeps going up, we will cancel our short setup, and we will open long positions on the green line (check the previous idea)
e) IF the price executes our short setup, we will cancel our long setup.
Remember: Trade safe, protect your capital, always understand what you are doing!
Our Stock of the Day / Coca-Cola Explanation of the chart:
a) The price has broken a clear range
b) Currently, the price is moving sideways on the edge of it
c) That sideways movement can be identified as a flag pattern
d) From a Technical Perspective, we expect a bullish movement with the extension of the broken range at least (On that level, we have a resistance zone). There, we will move our stop to break-even
e) Our final Risk Reward Ration on this trade is 2.06 / We have set our pending orders in the same way you can see on the chart. We will cancel the setup if the price makes new local lows.
Trade Safe, protect your capital, and always understand the investments you are making.
