KO Where They Going To Go?I buy KO stock last night. My Perspective for this stock, it will back to 60 maybe around 2-4 months.
KO trade ideas
Great Potential Swing Trade for Coca-Cola (KO)Coca Cola is well below the 200ma and has now bounced off its support. The stock is also in a bullish channel and with earning coming up and some positive news, it looks like it could be great swing trade for coming days/weeks and for a very cheap price in options!
Coca Cola is a safe bet, as we can all pretty much agree, the company isn't going anywhere long term.
They recently have made lots of adjustments to their business plans moving forward to adapt to the changing market and become more efficient as a company which can be found here: www.coca-colacompany.com
With a rise in the coffee market worldwide, Coca-Cola has recently launched their own product which can be found here: www.foxbusiness.com
Lastly, hard seltzers were the quickest growing products in the alcohol market last year with drinks such as Trulys gaining popularity. Much like the coffee market, Coca-Cola is launching their first ever alcoholic beverage and jumping on the seltzers band wagon moving forward, that info can be found here: www.usatoday.com
KO longI bought 3 call options exp 16apr21 strike 55 at avg cost .39
I am also in a long term position on the equity side.
Its expensive so its hard to accumulate the equity, but can't hurt from a defensive long term standpoint.
KO 11-01-2021 LongAsset and Time frame -KO,4H
Entry Price -50.62
Exit(Stop Loss) -50.08
Exit(Take Profit) -55.15
Technical Analysis -Price is inside a daily confirmed ascending channel, the price reached the bottom of the tunnel and reacted with a small hammer pattern, price action reacted to the -61.8 Fibonacci level with an outside bullish candle and high volume, I've put a tight stop loss if you want a safer stop loss, I recommend the 49.22 level, also on the weekly chart price reacted to both 100 & 50 MA
I would like to hear your opinions and what can I do to improve, many thanks
Is KO going to reverse? NYSE:KO
Perhaps KO is coming to the place where it it should be paid more attention to. I hope it will return to the main uptrend, although the earnings report may change the game.
Coca Cola may be showing signs of a positive recovery Just over a year ago, Coca Cola was trading at an all time high of $60, but the price tanked by about 38% in a month following the onset of the Corona Virus. Since then, it has been increasing slowly and steadily in a rising channel and finally crossed its 200 MA yesterday. I think that as world starts to recover from the worst of the virus's effects, this share should once again reach its prior high in the coming months. As an added bonus, it boasts a dividend yield of 3.37%.
$KO 200MA + RSICoca-Cola is turning nicely from the 200MA on the daily chart. RSI is also looking good.
Low risk KO Swing TradeThere are two longer established trend lines that predate covid in part and then carry over into today. This looks like a swing opportunity where you want to STOP LOSS a bit below the bottom trend line and SELL for gains toward the top trend line. low risk opportunity.
In addition to the chart pattern KO is a staple American brand and I anticipate changes in government to bring about the American spirit.
As well as the growing difficulty of the market landscape (as evaluations get higher) makes this more consistent name attractive for people to offset their risk.
Coca-cola on monthly, weekly, daily,5minCoca Cola on monthly in the green scd band. Mostly green candles with gapping up.
On weekly gaps from this level. Strong drop down with two candles but no continuation on this week.
On daily from this level before cluster of candles left behind by gapping now projects support across the chart.
On 5min price decline stops in this green projection. Yesterday before closing cluster of candles left behind by gapping up 48.55 level
Let’s see what will happen today and I am looking to buy now.
Coke Stock - $KO - Trade Idea - Cheap Stock @ 200 Week LowCoke Stock - $KO - Trade Idea - Cheap Stock @ 200 Week Low
What do you think? Am I missing anything here?
10% Pullback on KONice bottom formation. Added a round lot to my dividend investments account. Stocks like this are going to look really good in a few months, I plan to hold indefinitely.
Coca Cola, many have asked if its at entry pointif you based on the hourly time frame, it has bounced. But we normally enter on the day candle. Please wait patiently.
If you dont mind the extra risk, this is a good bounce on the hourly candle.
We prefer to wait to enter at a higher price where daily shows a good reversal candle stick.
KO looking good for a reversal KO closed right on the fib, combined with the trendline support and the low RSI seems primed for a reversal up to around 49.96. It would be a decent idea for ATM call debit spreads imo.
Where to buy Coke Cola #KOCoke Cola is a great long term stock. It has been increasing in value for decades, but of recent has been over stretched. Fortunately for us the world shat itself and KO's value has dropped. So when should you buy it?
There are 2 long term support/resistance areas $48.70 and $44.43 (ish). Let's see how price reacts to these levels and see if there is any buying signals/rejections.
Price is sitting around the $48.70 mark now. If we start to bounce off this line I'll take a position. If price breaks below and heads towards $44.43 I''ll take a position.
In either scenario I will buy buying the under-laying asset. Leveraged. This MASSIVELY reduces my risk. The only way I can loose money on this trade is if KO goes out of business. Not impossible, but highly unlikely, I will be using 2% of my capital to buy in with the view to add more stock to my position over time.
KO Coca-Cola - Buyzone Bottom of Regression on downgradeKO Coca-Cola - Buyzone Bottom of Regression on downgrade
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This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
48.50 GREAT AREA to go LONGI would say 48.50 is a reasonable price to pay for coca-cola shares. don't miss it!
