Market_Psychology
Long

Multiyear Cup and Handle

NYSE:KO   COCA-COLA COMPANY (THE)
93 1 6
Multi year cup and handle has formed on KO             . While I thought the appeal of sugary drinks would die down with the health food craze of the past 5 years, it seems coca cola             is diverse enough in the USA and worldwide to sustain positive growth. I see this multi year C&H as a huge bullish indicator.
I heard craft sodas and natural colas are going to be the new craze. More than likely they are appealing to the more health conscious cola drinkers. Seems to be inline with the craft beer craze business. Coca Cola recently bought Hansen and Blue Sky and made a deal with Monster energy drink. Should be interesting to see if the craft soda business increases revenue. Pepsi is doing the same thing.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out