Csys

KO: Enjoy the new high!

NYSE:KO   COCA COLA CO
40 2 3
Coca Cola             is in an ascending type of formation, in which it would be risky here to go long because the upper border is too close. It would also be too risky to go short here before any definite signal.
albert.callisto
10 months ago
This is what I see on this one, a retracement is likely to be seen around say 44. I also see some potential divergence in the RSI vs price, the whole thing is overbought.
snapshot
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Csys albert.callisto
10 months ago
I think so, but you know, sometimes those freaks create a buying frenzy and make it over-overbought. So it's possible we see 466 first, and then a retracement until 440.
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