timwest

Coca-Cola Company -KO -Daily - Short term bearish setup

Short
NYSE:KO   Coca-Cola Company (The)
2
Longer term I am constructive on the value of KO but short term it is up against a level of supply that could be daunting to get through on this move. Downside to $40 - $39.50 from $41.52 last. Upside risk is just over $42.20.

KO has been reacting to "Key Hidden Levels" well for the year 2014.

Tim 1:26PM EST

Reiterating 8/21/2014 IDEA on KO to exit.

Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.