KO trade ideas
Thoughts on KO??Stock broke out of a long established channel and looks like it wants to test the breakout. Solid dividend company and one that should ride out a slowing economy. Huge international presence and exposure to rising dollar. This is a tough call. Weekly and daily RSI and MACD looking tired. Thoughts anyone?
After two weeks we will go down :DThis is my daily analysis. My time target shows that tomorrow we can expectation a reversal to continue the downtrend.
My primary analysis was in one week.
COCA-COLA 1D DESCENDING TRIANGLEDescending Triangle is a Bearish Bias Breakout pattern
Descending Triangles, Triangles, Ascending Triangle and Ranges are repeatable trading chart patterns.
Triangles and ranges are consolidation chart patterns that can breakout either direction.
Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of average volume for a full position size.
b - If 75% of average volume then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
2 - Enter two trades.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
KO Gann ProjectionsUse the low of 0.23198394; use the high of 20.37; project out from there and these critical levels present themselves
acknowledge the strength of these gann levels
manage your own risk
gl hf
xoxo
snoop
Slight Drop AnticipatedDouble top; EMA and MACD crossing downwards at almost exact time; case for bears being made.
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
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.
