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AwesomeAvani
May 31, 2023 10:00 PM

KO- one of Warren Buffet's favorites Buy Setup Long

Coca-Cola Company (The)NYSE

Description

KO on the 4 H chart is ready for a long trade. Stop Loss is just below the green demand zone of

the Luxalgo indicator while the target is just below the red supply zone of the indicator.

I will take a long trade of call options with a strike of $ 60.00 expiring in September but a

stock trade has 6-7% upside with a stop loss of 0.5% making it an excellent potential reward

for the risk taken.

Trade active

LAte eidt- price is sitting on support not resistance !
Comments
donshaswat9
I have a similar position running, tp @ around $64-65
wiberg74
totally agree with U!
AwesomeAvani
@wiberg74, things are looking good for a first TP @ 63.75 and 2nd TP @ 65
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