lauralea

Weekly Cup and Handle

lauralea Updated   
NASDAQ:COKE   Coca-Cola Consolidated, Inc.
When someone asked me to take a look at Coke, I thought they meant KO. LOL

This is a weekly cup and price appears to be moving. Yearly and long term high is 460.

To get targets, you can take the cup high of 413.39 and subtract the cup low of 188.08. Take this number and multiply it by .38, .62 and .79 and add those to long entry level. You could also use the exact fib levels as well

No recommendation

Possible stop under handle low.

There is also a bull flag on daily.

Coca-Cola Consolidated, Inc., together with its subsidiaries, produces, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages, such as carbonated beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, tea, ready to drink coffee, enhanced water, juices, and sports drinks. It also sells its products to other Coca-Cola bottlers; and post-mix products that are dispensed through equipment, which mixes the fountain syrup with carbonated or still water enabling fountain retailers to sell finished products to consumers in cups or glasses. In addition, the company distributes products for various other beverage brands that include Dr Pepper and Monster Energy. It sells and distributes its products directly to retail stores and other outlets, which comprise food markets, institutional accounts, and vending machine outlets. The company was formerly known as Coca-Cola Bottling Co. Consolidated and changed its name to Coca-Cola Consolidated, Inc. in January 2019. Coca-Cola Consolidated, Inc. was incorporated in 1980 and is headquartered in Charlotte, North Carolina.
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