Coca-Cola trades in macro range - on 5 and 10 year basis. Price is now currently trading between 2 key levels. The lower level is 5-year (260 weeks) mean. The higher level is upper 1st standard deviation from 10-year (520 weeks) mean. Price trading within 1 standard deviation is not trending, thus the range outlined above is lateral. On short term basis,...
Entry point at 88,6% Fibo of XA SL at 113% Fibo of XA TP at 61,8% Fibo of AD confirmed by previous structures Perfect ABCD within the Bat Pattern
#KO #COCACOLA Long Idea Butterfly Pattern Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks
Fibonachi Levels Coca-cola , Should Fall to to rise Fibonachi Levels Show and RSi Support idea
I like how Coca-Cola consolidates near highs after it broke up range resistance at $41.20 and previous high $41.40. After move up to $42.50, it is flagging near highs with support at $41.80ish. If it will go through $42.40-.50, then we can see another leg higher. Earnings next week on Tuesday befor market opens could be strong catalyst. 1 to 2 risk/reward...