KO Long PositionHi traders,
Turning our attention to The Coca-Cola Company (KO), we can observe a recent downtrend that has been respected until recently, with a notable retest in mid-May. Despite this, I believe there will be a bullish reversal as the price breaks above this trendline again, potentially reaching new highs.
Coca-Cola, a global leader in the beverage industry, maintains robust brand equity and widespread market presence through strategic expansions and innovative product offerings. The recent retest of the stock above the downtrend line suggests a shift in market dynamics, but all in all favors a bullish sentiment.
As KO approaches and potentially breaks above this downsloping trendline, it could signal a bullish reversal. This setup may present an opportunity to enter a long position, anticipating further upside momentum.
Take Profit: 64.93
Final Target: 67.24
CCC3 trade ideas
Coca-Cola Long PositionDear Traders,
Our analysis of the Coca-Cola(KO) stock chart suggest a short-term decline before reacing our target price. The stock is currently near the upper boundary of a rising channel, indicating potential resistance and likely pullback.
We anticipate the price may drop further before the bounce.
Additionally, the RSI indicates the stock was overbought and is now correcting, supporting our expectation of a short-term decline followed by an upward move.
Thank you for your attention.
KO Rally Mode: Your Chance to Buy and Prosper!"## Coca-Cola Co (NYSE: KO) - Short Fundamentals & Recent News (as of February 21, 2024)
**Fundamentals:**
* **Market Cap:** $263.8 Billion
* **Current Price:** $61.24 (as of February 21, 2024, 4:00 PM EST)
* **Dividend Yield:** 2.94%
* **P/E Ratio:** 24.06
* **EPS:** $2.54
* **52-Week Range:** $51.55 - $64.99
**Recent News:**
* **Q4 2023 Earnings Beat:** Coca-Cola reported strong Q4 2023 earnings, beating analyst expectations on both revenue and EPS. The company is benefiting from strong pricing power and global demand for its products.
* **Stock Price Increase:** Following the positive earnings report, KO's stock price has increased by over 2% year-to-date.
* **New Product Launches:** Coca-Cola is continuously launching new products, such as its recently released Starlight zero-sugar soda.
* **Sustainability Efforts:** The company is investing in sustainability initiatives, such as reducing its water usage and plastic footprint.
**Disclaimer:**
I am not a financial advisor and this information should not be considered financial advice. Please do your own research before making any investment decisions.
Coca-Cola (KO): Strength in Uncertain TimesAfter not taking a look at Coca-Cola for quite a while, it's definitely worth analyzing. As one of the biggest assets in the stock market, Coca-Cola seems to have the most resistance with a relatively low risk/return profile, making it very interesting in times of uncertainty. A shift from risk-on assets to risk-off assets could happen easily. Just by looking at the latest rise, we can see that while there was a big sell-off in all stocks, NYSE:KO only fell by about 1.2%. This showcases the strength I am talking about.
After finishing Waves 1 and 2, we got the structure shift for a possible bullish rise. Because the intra-waves aren't very clear on NYSE:KO , we are looking at it from mostly the market structure perspective. Two points are highly interesting: the 3D POC just above the 3D Demand at around $60 and the Weekly Demand at $54.
We are looking for a possible long bid on Coca-Cola but will wait for the opportunity to come. When it does, we will share it with you, of course. 🤝
Bitcoin new all time highs inboundI had the thought that #BTC has been moving like a slow old dinosaur stock trying to break all time highs so I pulled up a comparison with NYSE:KO
The NYSE:KO weekly chart when it broke to new all time highs this year is identical to the #BTC daily chart
The exact same price action occurred over a completely different timeline
✅ Initial strong breakout to respective all-time highs
✅ 20%+ pullback and retest of the initial breakout area
✅ 20%+ bounce from the pullback
✅ Multiple lower highs and failure to reach new ATHs
✅ Retest of the 20% pullback
✅ Double bottom confirmation
✅ Tight range consolidation
✅ NYSE:KO all time highs
⏳ COINBASE:BTCUSD Bitcoin all time highs
Coca-Cola: Keep Going! In the short term, KO should still climb higher with the current blue wave (y). After the high, we expect another downward move, but ultimately, the resistance at $63.76 should be exceeded again. It is important for the support at $57.93 to hold for our scenario to remain valid.
LONG TERM OUTLOOK ON DIVIDNED LEGENDBased on the current structure off the bottom of the Covid 19 correction, it appears we have a clean wave 1 and 2, and we are possibly in the beginning stages of wave three, with weekly RSI and MACD supporting the theory. That said, looks like price is currently in wave 1 of 3, which we would like to see target the .618 extension, but with the greater market in a tight spot, momentum doesn't support it, hence the current wave 3 target being the 1.382 extension. Once we have more information regarding wave 1 of 3, we can clean up the forecast. That said, this looks like a viable option for dividend investors and leaps contracts.
$KO Nice Weekly BreakoutNice years long consolidation resolving on the weekly chart for $KO. This name pretty much only goes up over the years but is not explosive like some of our other favorite names. Buy shares or buy a lot of time on the options contracts and let this one ride till the end of the year and beyond if you have a longer-term investment horizon. Kind of a no brainer.
The 3 Step System You Can Use For Technical AnalysisThe rocket booster strategy may take you time to understand
but i want you to look at the chart above what do you see?
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You will notice the following 3 steps:
-The price is above the 50 MA
-The price is above the 200 MA
-The price has gapped above the both MA's
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This is how the parabolic system can be used with the rocket booster strategy for short-term trading
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But you need to remember that in short-term trading you
always have to take profits
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If you want to invest then I would suggest you study
fundamental analysis
because this is not what I write about
My goal is to teach Technical analysis for short-term trading only.
If you got value from this rocket boost this content to learn more.
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Disclaimer: Trading is risky you will lose money whether you like it or not because of this you need to learn risk management
Barclays projects Coca-Cola shares to climb 16%. Idea 18/04/24Shares of The Coca-Cola Company have hovered around the same trading level for the last two and a half years, but analysts at Barclays now predict a potential surge of approximately 16% in the coming months, with a target price of 68 USD in sight. This optimistic forecast is rooted in anticipated growth within the global carbonated drinks market, where Coca-Cola is a major player. The expected market expansion is projected to fuel increases in Coca-Cola's sales.
Additionally, Coca-Cola's long-standing status as a dividend aristocrat – known for consistently paying and increasing dividends for over 25 consecutive years – further bolsters confidence in the company's financial stability and growth prospects.
Analysing Coca-Cola Co. (NYSE: KO) stock for potential trading opportunities:
In the Daily (D1) timeframe, the stock has established a 57.95 USD support level and a resistance at 59.40 USD. Having broken out of its previous trading channel, it has entered a downtrend and is currently testing the trend line. If the support level is breached, a fall to 56.40 USD could be imminent.
However, if the stock can break through the resistance at 59.40 USD, it presents a buying opportunity with a short-term target of 62.50 USD. For investors with a medium-term outlook, holding a position with a target of up to 66.40 USD may be worthwhile.
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Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
🥤 Coca-Cola (KO): Strong Performance and Positive Momentum! 📈📊 Analysis:
Coca-Cola NYSE:KO
Strong Performance: Reported a 12% increase in organic sales in 2023.
Guidance: Management's guidance indicates continued positive momentum into 2024.
Restructuring Success: Restructuring efforts led to rising revenue and net income.
Diversification: Expansion into energy drinks and sparkling water diversifies product portfolio for future growth.
📈 Bullish Sentiment:
Entry Range: Suggested entry above the $53.00-$54.00 range.
Upside Target: Target set at $75.00-$77.00, reflecting confidence in KO's ability to navigate challenges and capitalize on opportunities.
🌐 Note: Monitor KO's performance and execution of diversification strategy for sustained growth! 📊💹 #KO #BullishSentiment #PositiveMomentum 🥤📈
COCA-COLA $KO - Feb. 20th, 2024COCA-COLA COMPANY NYSE:KO - Feb. 20th, 2024
BUY/LONG ZONE (GREEN): $60.10 - $63.00
DO NOT TRADE/DNT ZONE (WHITE): $58.85 - $60.10
SELL/SHORT ZONE (RED): $56.65 - $58.85
Weekly: Bullish
Daily: Bullish
4H: Bullish
Currently holding a long position in NYSE:KO , price just broke above my next bullish target so I decided to chart some new target and support levels.
I quickly labeled what I had previously looked at to enter my long position. Shown is the first bullish zone I looked at, a second zone that was broken to the upside, supported and broken structure, and most recently a range between 58.85 - 59.85, lasting from Dec 29th, 2023 - Feb 1st, 2024. Price had a strong break above this range and then shortly after fell back into the range zone, which became the new DNT area I have drawn. Today, there was strong bullish momentum that broke out of the zone around 60. Price targets to the upside are drawn up to 63.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
Coca-Cola: Analyzing Diverging Performance and Investment OpportCoca-Cola: Analyzing Diverging Performance and Investment Opportunities
In the world of investments, Coca-Cola's recent stock returns present a notable contrast to its business performance. Despite positive operating trends reported for fiscal 2023, Coke's stock lags behind, raising questions about potential opportunities for investors. Let's explore this divergence and assess whether investing in Coke presents a chance for market-beating returns.
While Coke's organic sales saw a 12% increase in 2023, driven mainly by higher prices, sales volume growth slowed to just 2%. This deceleration hints at weakening consumer demand for soda, a trend likely to persist into 2024. Despite projections for a modest 6-7% growth this year, Coke faces challenges in a sluggish industry, with rival PepsiCo forecasting similar struggles.
However, Coke's strategic initiatives are promising. Cost reductions, increased prices, and a focus on non-core beverages like sparkling waters and energy drinks fueled a 16% rise in non-GAAP earnings in 2023. Operating profit margins soared to 29%, surpassing PepsiCo's results. CFO John Murphy's optimism about further margin expansion adds to the positive outlook.
Moreover, Coke's cash returns are robust. Generating $10 billion in free cash flow in 2023, the company returned nearly the same amount to investors through stock buybacks and dividends. With a dividend payment track record spanning over 60 years, Coke offers steady dividend growth despite short-term cash flow dips.
Interestingly, Coke's stock is attractively priced compared to historical metrics and peers like PepsiCo. Despite short-term sales concerns, gaining exposure to Coke's stability and long-term potential makes it a compelling addition to investors' portfolios.
In conclusion, while short-term challenges may dampen Coke's stock performance in 2024, its solid fundamentals and attractive valuation make it a worthy consideration for investors seeking stable returns in the long run.
Is Coke going flat? Might be a good time to sell...NYSE:KO
Analysis is based on simplified Smart Money Trading Concepts.
Coke has been printing Weekly bearish order flow since August of 2022.
Recent price action( past ~134 days) on the Weekly time frame has had a Bullish pullback with what I anticipate a continuation or return to Bearish order flow between the 70.5% - 89% fibo zones. This would be supply overtaking demand to continue the weekly Bearish Structure also known as order flow.
Trade Idea Point of Invalidation: Any break AND close above $64.99
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Reward to Risk ratios could vary between 3:1 up to greater than 5:1 depending on the instrument you are trading and the level that you enter in at.
The round trip time from entry to exit is between 6-11 months.
If you are Shorting the Underlying stock :
4 positions between the 70.5% pullback($61.03) and the 89% pullback($63.51) would be ideal.
Exits:
1st = $51.55
2nd = $47.92
**Split your positions between the 2 suggested exits**
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If you are trading stock options:
NO less than a 6 month expiration!
Suggestion:
16 Aug 2024 -- Buy $57.50 Puts (out of the money)
or
17 Jan 2025 -- Buy $57.50 Puts (out of the money)
Exits:
Underlying stock price
1st = $51.55
2nd = $47.92
If you need an options calculator, I suggest using: www.optionsprofitcalculator.com
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If you are interested in a FREE course on how I analyze the markets, let me know in the comments.
THERE IS NO CHARGE FOR AWESOMENESS