We had a nice upward movement last week with the ending of Cypher Pattern. All of the targets were reached less than 5 days and broke out the resistance with a bullish hammer. Let's see if we can trade this possible rally.
Looks like a trip bottom forming on daily. Charts look good on the Weekly as well in my opinion. Good setup with a relatively tight stop.
Always base your trades on the possibility of it going wrong and adjust your risk accordingly. Never risk what you cannot afford to loose. Good luck everyone!
Tips are always welcome and will encourage us to release more...
Hey, still trying to spot Cypher patterns, we have here a long term view with good fibonacci ratios, this could lead to a retracement of last years' uptrends
Please feel free to comment if you have any idea about this :)
While carbonated soft drink volumes fell in the U.S. in 2016 for the 12th consecutive year. The Consumption of Diet Coke dropped 4.2%, compared to its rival PepsiCo Inc, Diet Pepsi that declined around 9%. However Coca-Cola's own numbers show a 4% decline in Diet Coke's volume in U.S. which it means the reason why this company is always trying new formulas to keep...
On April 27, 2017, The Coca-Cola Company 20 day moving average (DMA) crossed above the 250 DMA, 50 DMA crossed above the 200 DMA, and 100 DMA crossed above the 150 DMA. All three crosses are bullish in nature and have never all occurred on the same day before. Historically the stock does not always rise over the next 20 trading days when each individual cross...
Esperar confirmación. Rotura de canal, alcista hasta zona superior. Si no puede, corto hasta fondo del canal.
Expect confirmation. Break channel upward to upper zone. If it can not, short to bottom of the channel.
macd crossed/volume good/adx trending/stoc crossed relative strength weak/cci and percent r lower range/stop loss close in cloud/mic long micro cap with short candidates and specialty etfs/if you look at puts always buy in the money strikes and buy enough time/
This looks like it could be a gigantic cup and handle forming for Coca Cola. The top from 1998 ($44) was recently hit again forming the cup. Right now some consolidation is happening and forming the handle. The handle looks kind of sloppy to my, but regardless, if this breaks up above and has high volume $45 I see a %50 - %100 rise playing out .
We might have a bearish bat pattern on the Daily KO chart.
- AB is just over a .5 retracement of XA
- BC is just short of the .382 retracement of AB
- Looking left we do have structure at point D.
Stops go above X, TP 1 @ the .382 retracement of AD.