LongLooking for a quick few percentage points here. KO is in a strong trend upwards and we are seeing some rejection here at support of the 4 hr
KO trade ideas
COCA COLA BUY LOW. SWING POSITION.COCA-COLA, D1
Risk 5%
Possible Stoploss @ LL, $44.42 .
Entry Point,
Fibo.ret @ 0.382, $ 48.81 .
Fibo.ret @ 0.236, $ 47.13 .
Take-Profit @ Latest HH, $55.92 .
or, Breakeven Position to swing @ $60.00 .
Best Regards,
THE DOLLARS HUNTER .
We are going down!We have Shooting star and Evening star pattern!
We are in the overbought too!
Let's get a short position here ;D
If you want wait for middle line break.
KOIf you can't wait till October, don't short it, if you can, put your T/P at $49.75. Note, this is a daily chart. On a weekly, you have a bigger picture. For quick trade, H1, there you have a double top. HAppy hunting
Will the Breakout Hold on KO?This stock is featuring for the first time on our TradingView blogs.
Current setup: Price is trading above $50. We may see another breakout on Wednesday's price action.
Conclusion: A bullish stock with good volume that we will add to the portfolio once the SPX gives us a clearer trend direction.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Coca Cola at its highs!more than 3800 days of coca cola has grown.
190% growth since 2009
Now under support for $ 55
and think correction time
where?
considering that summer is drawing to a close) nose correction
Short Swing Trade on KONYSE:KO is heading lower after breaking down the distribution phase on the $52-$54 levels.
Grabbing some September $50 puts with target around the $51.50 level.
KO SHORT based on Long-Term TrendThe long-term trend-line only experienced short-term false breakouts in Apr `13 and May `13; and held in Oct `14, Apr `16, Nov `18 and now in Jun `19. 07 Jun `19 to 24 Jun `19 hit resistance 3 times. Waiting to see if short-term trend-line (RED) will be broken or the long-term trend-line (WHITE). Based on ONLY the long-term Trend-line and the current Resistance at 52.20, I would suggest a short on KO back the 1st (SHORT50%) Target 51.50 > 2nd Target 50.50. If 50.50(YELLOW) breaks, SHORT full position (100%). Otherwise prepare for retest long-term trend (WHITE) at 52.20.
COLA idea The channel provides us a shorting opportunity, as it hasn't broken, yet. It's very likely to decline, as in 1H chart, we see a broken double top.
KO looking for a breakout or test of upper 49-50 area KO looking for a breakout or test of upper 49-50 area personally think break down based on candles but we will see
Saturation!!!KO is being traded ~51.30 and I think it's gone ahead of itself; bears are about to fix that...
First and foremost, the price has moved beyond its territory; KO has a very established bullish channel since 2012. On June 7th, KO closed the day while being above its channel and it did remain there for a couple of days. Shortly after, we moved into the channel on 13th after two Shooting Star candles appeared on the chart. The candles are bearish and I am quite convinced that moving out of the channels is rejected for now. Secondly, the buyers of the Ascending Scollaps and the Ascending Wedge are about to take profit and sell their long positions. For both the Ascending Scollaps (10% depth) and the Ascending Wedge (4% depth), the profit target is reached based on the Bulkowski's Measure Rule; Take profit areas are shown on the chart. This is all happening as both MACD and AO are indicating that the bearish momentum is increasing.
As of now, I am already short (opened the position on the second Shooting Star) and I will scale in if daily MACD signals sell.
Stay tuned!
