Coca-Cola is a great company for anyone who want something defensive and long term. With a wide range of products, coca-cola is always expanding and innovating it's product line. This is a great long term hold an a great way to add some safety to your portfolio.
Don"t except crazy gains but you can expect consistency from this massive company. The pandemic has demonstrated the need for commodity stocks in any portfolio to safeguard it in a market crash and coca-cola is a great option.
Although, not necessarily bullish in my opinion, if it can get back into the ascending triangle, we can see maybe see $55-$60. Once again great long term pick.
This idea is based of another trading view user: Profit_Center. I am just offering extra opinion on this stock. I agree with profit_Center that an entry can be in the near future, i will be watching for it to resume into the ascending triangle.
Don"t except crazy gains but you can expect consistency from this massive company. The pandemic has demonstrated the need for commodity stocks in any portfolio to safeguard it in a market crash and coca-cola is a great option.
Although, not necessarily bullish in my opinion, if it can get back into the ascending triangle, we can see maybe see $55-$60. Once again great long term pick.
This idea is based of another trading view user: Profit_Center. I am just offering extra opinion on this stock. I agree with profit_Center that an entry can be in the near future, i will be watching for it to resume into the ascending triangle.