don_shula

$KO Bullish flag break out

Long
NYSE:KO   Coca-Cola Company (The)
upper part of the flag, on the daily down trend price price has been consolidating & repeatedly testing that trend line,imo this usually means that the resistance is getting weaker & a breakout is to be expected, for that to happen we would see a surge in volume typically an abnormal amount on a smaller time frame to use as entry. The RSI and the stochastic are both favoring bullish direction. Id keep an eye out for volume and open interest, prior to entry. lmk what cal think about my TA please

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