This is a good company to buy that should do good with a rising yield environment , it's time for value stocks to shine .
So , I will plan to trade this as a trend following set up . After we exceed the risk vs reward set on chart I will adjust my stop to break even , then I will adjust my stop loss accordingly as we form new supports . Hopefully :)
Another good one to consider is Pepsi , but I like KO's chart more as they are already in an uptrend (higher highs and higher lows formed since April 2020) whereas Pepsi is trading in a range .