KO trade ideas
Coca-Cola Co (KO) - Opportunity to SELLHey everyone, here's the analysis on KO. Hit the LIKE button, follow us & leave a comment on stock ideas you want to see next!
Summary:
Current price could drop from our R1 zone to our S1 zone, presenting us with a good opportunity to sell.
Action:
Sell Limit: 45.34
Stop Loss: 52.00
Take Profit: 35.00
Analysis:
Monthly trend line was broken and re-tested with a strong rejection off our R2 zone, as captured by the recent spike. R1 zone is holding out nicely as a resistance and current price could drop to our S1 zone.
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KO Reverse Bullish (200 EMA, confirmation, and earnings setup)Confirmation with 3 bounce on support line with 200 EMA convergence with earnings coming up this week. Potential for gain 1:27, 1:6, or 1:10 gain with minimal downside being close to support line.
Keep in mind I am new to this but, following someone else's thesis idea that I wanted to work through for myself.
KO run up to $50! BULLISHEarnings is coming on Tuesday before market and I expect some good things since families are buying up on Coca-Cola all over the USA during this pandemic. I expect a pullback at $50 and then a push back up.
long time no see cocacola.we will definetly see a rejection at the the 51 level but how much? will see
Double BottomA double bottom chart pattern is a chart pattern used in technical analysis to describe the fall in price of a stock or index, followed by a rebound, then another drop to a level that’s roughly similar to the original drop, and finally another rebound.
BOLLINGER BAND Indicator of VolatilityA Bollinger Band is an Indicator of Volatility, and the technical analysis tool is defined by a set of lines plotted by standard deviations, one positively and other negatively, and away from a simple moving average (SMA) of the security's price.
When the markets become more volatile the bands widen.
When the markets become less volatile the bands contract.
DOUBLE TOPDouble top pattern, is a reversal pattern, that occur when the underlying investment moves in a similar pattern to the letter "M" and then there has to be a breakdown point where the pattern reverses the trend, and it's used as part of a trading strategy to exploit recurring patterns, but these patterns are often used in conjunction with other indicators beacuse it can easily lead to fakeouts or mistaking reversal trends.
The volumen is usually lighter on the second peak.
HEAD & SHOULDERS
The head and shoulders pattern is a very reliable trend reversal pattern, and it has a base with three peaks, but with the characteristic highest central peak, and predicts an uptrend reversal to the bearish one.
DOWNTREND PATTERNA downtrend is detected when price action progressively shows lower peaks and lower lows over time.
Downward Swing to come for Coca Cola Hi Traders
Coca-Cola has almost the perfect set up for taking another downswing over the next couple of days except for SMA100 and SMA200 the form a very bearish pattern. SMA100 and SMA200 of course are still laging a bit behind the corona-crisis but soon will also change into a bearish formation too.
Also the Hitman indicator shows its 4th bear-signal in a row implying another down-rush coming up next for KO.
Riding up the pull back? the price showing reversal trend to the upside. here is the possible setup if you wanna catch the bull ride....or maybe just a short pullback of the bigger timeframe.. who knows?!
$KO - potential upside move to $40-41At a quick glimpse, we see divergence between stock and indicators.
Stock's price trend is on a downward slope (red line)
OBV, MACD, and RSI are all trending upwards (violet lines), with RSI gradually coming out of oversold levels (30 or below)
This difference in trend direction tells us there is bullish sentiment behind KO - meaning investors believe KO is at a great price to buy - which will eventually result in change in the direction of the trend.
Please feel free to leave any insight or feedback!!
*this is not a solicitation to buy/sell trades, rather notes for personal use*
Entry 37.98
TP1: 39.03
TP2: 41
KO - 50% retracementKO has lost 37% of its value and has retraced 50% of its move off the 2008/9 lows. There has been very heavy selling and extreme volume on the downside. Weekly RSI has hit a level not seen since 1979. Today felt like capitulation selling to me in the last hour. For the better part of two and half hours prior to the last 90 minutes, someone took every share at $40 until the weight of the market was too much. If there is a bounce next week in the markets I expect KO to outperform for the Dow 30.
$KO can fall in the next weekContextual immersion trading strategy idea.
The Coca-Cola Company has a strong downside trend.
This and other conditions can cause a fall in the share price in the next week.
So I opened a short position from $38,13;
Information about stop-loss take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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"Coca-Cola: two paths possible" by ThinkingAntsOk4H Chart Explanation:
- Price is on the Weekly Ascending Trendline.
- It tried to break it, but could not do it.
- Now, we have to possible paths: 1) bounce from here and start a new up move; 2) break the Support Zone to start a new down impulse.
- We are waiting for setups on lower timeframes to take trades on this instrument.
Weekly Vision:
Daily Vision:
Updates coming soon!
