IvanLabrie

KO: Underperforming the market, short to 42.8

Short
IvanLabrie Updated   
NYSE:KO   Coca-Cola Company (The)
KO is very negative here. Looking to short towards the 43 region.
Massive underperformance of the market.
Keep stops above 46.65, or use 1-3 ATR distance.

Good luck if taking this trade.

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Cheers,

Ivan Labrie.
Comment:
Nice continuation, I think we will see big downside in this overvalued stock.

Trade active:
Comment:
KO reports tomorrow before the opening bell. I'm in the short, good luck if you took it with me.
See you at 43.
Comment:
We can cover half...boom!
Trade closed: target reached

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