jangseohee

KO, large channel > small channel > fundamental

NYSE:KO   Coca-Cola Company (The)
1
the smaller accelerated channel takes the cue and oscillate within a bigger channel
that's working very well in KO chart.
Fundamental is the least important because when bear comes, it just swept everything like tsunami

11 days ago, when i posted the chart right at the big channel top, my short triggered at 45.00 but not 46 & 47.
Just nice, it broke the accelerated channel support. Took 50% of my profit.

If situation get worse, there is a possibility of price falling to about 37.50

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.