adambiers

Are we at a top on Coca Cola?

NYSE:KO   COCA-COLA CO
Short term have been trading this up as the patterns have been nice for small bullish moves. Now we're at the top of the weekly ascending channel/wedge/expanding diagonal & have had many waves of bearish divergence with no real breakout to the upside for over 6 years. This is the time to start looking for sell setups (one is presenting itself on the 15 min) That setup will be in the comments!

Structurally this can have a big downside. Will it happen? Who knows, if it happens... id like to be in the trade.

What are your opinions!?

Trade responsibly and thanks for looking!
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