stromm_by_wmc

πŸ“Š Coca-Cola Stock Analysis πŸš€

Long
BATS:KO   Coca-Cola Company (The)
Coca-Cola's stock faced a nearly 50% drop at the onset of COVID-19 but swiftly recovered, forming an impulsive Wave I in April 2022. Since then, it has been in a more extended correction, which might have found support around $51.55. With a strong surge since October 9, the culmination of Wave 1 could be imminent, and we anticipate a Wave 2 correction.

As soon as the price starts to decline, signaling a potential correction in Wave 1, I'll send out a limit order. πŸ“ˆβœ¨

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