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.
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Nice continuation, I think we will see big downside in this overvalued stock.
Trade active
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KO reports tomorrow before the opening bell. I'm in the short, good luck if you took it with me. See you at 43.