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Pickle_Trader
Apr 23, 2020 1:40 AM

Most stocks are still sitting on the trend line. Not $KO Short

Coca-Cola Company (The)NYSE

Description

What is Coke KO trying to say? It's one of the first blue-chippers to take a stab below the trend line looking to take out the clean lows from the last month. If turns out that's just a spring for higher we could see upwards of.... ahh, never mind. Demand destruction. For every one 1%er there's a million people that are screwed. Odds are retest of the lows. At a minimum. Can't rule out a bear market that lasts a year or two.
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