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Je_Buurman
Jan 13, 2019 11:38 PM

Coke dripping out of its channel 

Coca-Cola Company (The)NYSE

Description

Looks to me as if Coke does the opposite of what it did 1998 to 2006.

Spiked (pun intended) during last 'recession' (2008)

The widening rising channel suggests drinking water this time.

Maybe Cuba-libre afterwards ?

Comment

Jokes aside, I wouldn't be surprised if Coke actually went up 2019/2020.
If there's going to be another recession like 2008 (or worse), most stocks will get dumped (if they aren't already).
Where will they seek refuge? In a commodity which is always needed.
Food, Oil, Gold etc.. look at those, they all peaked in 2008 and got dumped 2009.

Comment

:)

Comment

nice
both sides 'been served
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