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.
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
Reply
Csys albert.callisto
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.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out