Market_Psychology
Long

Multiyear Cup and Handle

NYSE:KO   COCA COLA CO
79 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.
TTHQ PRO
8 months ago
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.
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