KO trade ideas
KO SetupNYSE:KO stock has been oversold. It's hovering over strong support. Play could be here entry price 48.37, potential target 51.23 and SL 47.13
Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational purposes only. All advice is based on technical and my own opinion.
KO Set To Move Up Before DownI am back to conducting full studies based on all my algorithms. At the close yesterday, KO signaled Sell on my Precise Signal. This is great news as this algorithm is highly accurate and finding price reversals. Particularly, this has found reversal points on 10 of 11 occasions specific to the Daily chart for KO and the determination of a SELL point. I have the full analysis and explanation of all the target price points on my site as usual.
I see it moving up over the next 2 to 4 days as displayed and then down over the next few weeks. I am looking for around a 6% drop from the top which is likely close to 51.00.
Let me know what you think.
KO - Upside Down Cup & Handle (Breaking Out of Handle)Just did a write up on Cokes kid brother Pepsi, seeing identical patterns on the charts. Bearish upside down Cup & Handle. Anyone who reads my posts knows I love Coke and I'm a long time holder. I've decided to thin out my position in recent days in light of some bearish patterns developing over the past couple months. I plan to buy up more shares when a bottom emerges. Not cost effective to short this tortoise, but that's precisely the trade this pattern calls for at the present time.
KO UpdateWe should hit support 49.53 in the upcoming days, and bounce back to 50.63.
Loosing momentum, and low volumes. I continue loading KOF.
By no means this should be considered as a financial advise.
KO Long term investment oppurtunityKO is providing a very nice dip and consolidation to start to add or average down on some shares of $KO. A great value company currently at a discount that provides a great dividend. Not a bad idea to look into them as a stock to add to a long term portfolio. I added some shares in this consolidation as well. Earnings are coming up very soon so if you want to wait to be sure they are good and don't report anything that might impact the stock in the coming months please do. But I think this is a great opportunity to start building a position and acquire those sick dividends.
Guess what? :)I'm in since the very bottom of this beautiful cup. Can't wait for the confirmation after the handle formation.
Not advice, just noticed the pattern and shared it.
KO Good long term company. Coca-Cola is a great company for anyone who want something defensive and long term. With a wide range of products, coca-cola is always expanding and innovating it's product line. This is a great long term hold an a great way to add some safety to your portfolio.
Don"t except crazy gains but you can expect consistency from this massive company. The pandemic has demonstrated the need for commodity stocks in any portfolio to safeguard it in a market crash and coca-cola is a great option.
Although, not necessarily bullish in my opinion, if it can get back into the ascending triangle, we can see maybe see $55-$60. Once again great long term pick.
This idea is based of another trading view user: Profit_Center. I am just offering extra opinion on this stock. I agree with profit_Center that an entry can be in the near future, i will be watching for it to resume into the ascending triangle.
Possible Entry ApproachingIt doesn’t take a genius to figure out KO has been a good long term investment and will continue to be a good long term investment. They have been innovating for decades show no sign of stopping.
If you are looking to trade the stock there may be an entry point soon. After plunging past support of $50 in an upward channel on 1/14 the stock found new support at $48.70. It held here from 1/20 to 2/4 and just before earnings on 2/10 there was a gap up to $49.65. Price action says investors were not too impressed but did not punish it back down to $48.70 and on 2/10 KO closed at $49.60.
I believe KO can go back to $48.70 over the next few days, once again fund support, then continue trading higher to $51.00. If it holds at $49.44 there is a good chance it continues to trade in its previous upward channel and hits $51.50 before trading even higher.
I would buy at $49.75 and set a stop at $48.60. PT1 is $51.00. PT2 is $52.70.
KO 54 in JuneRed Earning, but not expecting a big drop. You can't be wrong with KO. That said, I'm putting more weight on KOF, as in my sense leverage is highger. KO is trading at a fare value VS KOF whish is clearly undervaluated.
KO following upward channel since 2013KO following upward channel since 2013. Perfect stock to swing or hold long term. Buy on bottom support line.
COCA COLAAlmost half of Coca-Cola's pre-pandemic revenue came from selling products at sporting events, movie theaters, restaurants, concerts and other social events, and the pandemic and restrictions have dealt a huge blow to Coca Cola. There was a slight improvement in the third quarter as restrictions were eased in many places and the situation began to recover. However, in the 4th quarter, bans were again introduced.
Taking into account the decrease in the incidence, mass vaccinations, in the second quarter of 2021 all public places will be open, and the deferred demand for the company's products throughout the year.
I believe Coca-Cola is a solid company with an above average dividend yield covered. The fair value, which after the removal of all restrictions, will be $ 60 by the end of the year.
Investment idea buy 48 and 45 sell 60.
Medium term buying 48 dollars selling 51 and 54
Ko breaking above 200 SMA and the 50 SMAKO just broke above the 200 SMA and the 50 SMA and on the Macd the blue line is crossing the orange giving signals this is a buy. Currently, KO is trying to break out of a slight downtrend. KO has a good probability to go to $55 but there has been a double top earlier showing resistance at $55. I
CokeShould beat earnings due to one time sale of south African unit.
Under preforming index.
Good call volume at 50 and a little extra up to 52.
KO diagonal put sellingKO looks to be breaking out from support at 48. 48 also coincides with a 38% fib retrace of the rise since the covid low. Going to sell weekly atm puts with 3 months of protection at a stike of 47.5
Coca-Cola (KO) - Long Term Investing OppI'm liking the oversold conditions for Coca-Cola (KO) for long term holding and dividend investing.
I will be adding more shares once the market opens in the morning.
2021 is presenting some pretty good opportunities to invest in durable, long term companies.
#CashFlow
$KO Uptrend using MAMA StratReason for buying this stock:
1. Candle is above ALMA .
2. MACD - blue line crosses above the orange line.
3. Low risk 0.74%
KO Coca-Cola Dip back to reality?Simply a case of price over hype in my book. More notes in photo. Price is as high as its ever been and I look for it drop back down to the older support zone within the year.
What do you think?
