koenjan

KO strong earnings (+44.68%) bumping intrinsic value

Long
NYSE:KO   Coca-Cola Company (The)
KO declared $0.64 on $0.44 analyst predictions. +44.57% bumps intrinsic value to dramatically of KO particularly in the turbulent market. Good regularity in local peaks and troughs. ADX overall neutral, RSI about to come down sharply so likely short-horizon (1-2 day) short potential. Presumed local minima to be at 44 on 02/05 and come back up to local max at 49 on 06/05.
Boundaries
  • If 49 resistance broken price targetted at 59.
  • If 44 support broken price could come down as far as 36.
Risk/Reward
  • Total gain considering both best case / worst case is $12.26 gain over $10.40 loss.
  • Total gain considering most nominal circumstance is likely to be $12.26 gain for $2.74 risk.
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