NYSE:KO   COCA-COLA COMPANY (THE)
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Notes on chart. At least two bullish patterns at play. Double Bottom and Flag.
Your thoughts and expectations on the stochastic levels and impact on overall trend?
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KLang WojciechPolowy
Indicators don't impact price, they reflect it and are lagging. I don't pay all that much attention to MACD, honestly. It's interesting to see how it moves, but I don't find it predictive.
+1 Reply
...although at extreme levels, it can be. But even then, not always. I prefer patterns. But there's plenty of people here who seem to prefer indicators over price :)
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