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jangseohee
Dec 13, 2014 12:18 AM

KO, large channel > small channel > fundamental 

Coca-Cola Company (The)NYSE

Description

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
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