KO - Exactly as predicted in 2020My dear subscribers, my last update on Coca Cola was published more than a year ago. NYSE:KO
As I'm sure most of my visitors have noticed, our strategy focuses on mid- to long-term investing in international companies .
In the last few months, I have made important decisions in various stocks in addition to Apple, Microsoft, Mc-Donalds and IBM.
I publish most of these analyses only on my own website outside of Tradingview.
Now some important technical details about Coca Cola.
In the past, Coca Cola has mostly tended to run sideways and formed several large Wave 1 / Wave 2 setups.
The energy of those formations has now been released in the last few weeks and the stock is going steeply upwards.
In the coming weeks and months, we can expect prices close to 67$ and new all-time highs are within reach.
As long as the important support at 48.11$ is not invalidated, the coming multi-year bull market is unbroken.
If you are curious about the original analysis, feel free to read the post below.
1# Long 14.9.2020
Long at: 50.29$
Profit Targets: 65$, Longterm 70$-80$
Stop-Loss: 50.29$ (On Entry)
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If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
