1KO trade ideas
Coca Cola D1The Coca Cola Company is one of the largest soda producers. Their products are successfully sold all over the world. After the crisis period associated with the corona virus, stocks began to recover their growth. The New Year period for the company can become very potential. Because in spite of the world quarantine, the population of the entire planet will celebrate, and the company's products, as always, will be very popular. Which will stimulate the stock to grow.
$KO - Timing is everythingCoca - Cola is one of the best "blue chips" companies on Wall Street, so it's always a good idea to add it to your portfiolio.
We have a clear uptrend after the price formed a bottom in the first Clousire.
Company has payed out a dividend, so that's the spike in volume as traders were cashing in.
Currently the price is in the middle of the trend, so it's not a good idea to buy here. I would wait for a correction at the marked zone. SL placed appropriately.
COCA-COLA : BEARISH CYPHER PATTERN IN H4 TIMEFRAME 🔔Welcome back Traders, Investors and Community!
Analysis of #KO / COCA-COLA CO
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Strategy: Bearish Cypher With potential Max R/R 2.6 %
A clear chart is Always the best business card for a trader.
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Walter
KO is ready for breakoutKO is set up for a breakthrough setting a new line of support and could see KO go to pre-covid prices!
Not only can we see the setup for the breakthrough but coca-cola has confirmed it will be going through with the reconstruction plans.
I'd like to hear your opinions on this down in the comment section and as always hab=ve a great day traders!
Entry Signal - Retest of ATHHello traders, I am bullish on Coca Cola stock as it managed to break the resistance at $51.5 which in turn supported the price when it was retested earlier this week. I can see highly favorable trade from risk to reward perspective as following:
Entry at current market rate at $52 with SL below $50 depend on your risk management.
TP1 @ $55 and TP2 at $60 (ATH) and could possible go higher though we will need to reevaluate based on pricing structure.
Do you agree? Please share your thoughts and good luck.