Personally I plan to hedge out the difference since I had a relatively reasonable entry. Of course I keep a rather wide stop (given the relatively small size of my position) a bit bellow Time Weighted Average Price (TWAP; lowest plain line). That would be the worst case scenario, my entry and long position is based on qualitative (bottom up) analysis. The stop...
Two days ago, we posted a long setup on KO. You can check it on related ideas. Now we have a short setup pending on KO as well. Which is the logic of this? a) Currently, we are in a relevant area; the price can be seen as long or short, depending on how it will evolve in the short term. The idea we have is using a system that can provide us with quick...
Explanation of the chart: a) The price has broken a clear range b) Currently, the price is moving sideways on the edge of it c) That sideways movement can be identified as a flag pattern d) From a Technical Perspective, we expect a bullish movement with the extension of the broken range at least (On that level, we have a resistance zone). There, we...
Long Coca Cola still, maybe it will get a pullback but it was rejected on the RSI and possibly will continue up. Either way it may shed a couple dollars before heading back up to the 60 dollar range.
KO seems to be attempting it's 4th break above resistance at $50, post-crash. So long as the overall market holds, I believe it breaking above $50 is highly likely this month. If KO does break above $50 while abiding the ascending channel in the chart, I believe KO could reach $55-$60 with a momentum swing within the next 6 weeks. I picked up September 18th $50...
Weeeeeeeeeeeeeeeeeeeeeeeee Not trading advice
-Chart has not changed since I drew a couple weeks ago and continues to perform as expected -Closed right at the bottom a huge volume shelf -Break of 43.20ish would bring a measure down of about 5 points to the $38 price level **RSI is still declining but is still below 50 and on watch if it continues dramatic move to oversold territory. **Still strong volume...
- Gap filled and right shoulder has formed - big inverted hammer print today - Rsi trending down - Entered too early and took a loss. - Will re-enter short if 46.30ish breaks
Entered next week puts as we came within .05 of gap fill that I was looking to see filled for better structure. Daily hammer not good for bull case. Gap up will cut. Gap down will look to add to 7/31 46s.
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Hello fellow traders ! The chart speaks for itself, nice bullish candle trend break with the 50 day moving average as support. MFI was oversold and making its way up, stochastics gaining traction as well. Looking at the fib levels to have an exit plan. Just my opinion! Good luck ! ;)
Hello traders, Description of the analysis: Coke is currently on the first support (upper gray) suitable for analysis into investment input. Another suitable opportunity to enter during the decline is the second support (bottom gray). In general, invest in instruments that you understand. With balance and your own plan. This is not an investment...
Confirmation with 3 bounce on support line with 200 EMA convergence with earnings coming up this week. Potential for gain 1:27, 1:6, or 1:10 gain with minimal downside being close to support line. Keep in mind I am new to this but, following someone else's thesis idea that I wanted to work through for myself.
Coke's Major Keys *Trading above SMA200 *Recently had a strong breakout via gap-up *Break above & close above EMA21 & SMA50 *Recently left known oversold rsi levels *Indicator convergence ENTRY @ intraday momentum supports long term trend @ break above short term EMA EXIT @ overextended indicator levels or any close below trailing stop STOP @ any close below...
Use the low of 0.23198394; use the high of 20.37; project out from there and these critical levels present themselves acknowledge the strength of these gann levels manage your own risk gl hf xoxo snoop
COKE reversed off its resistance at 322.26 ere it could potentially drop further to 293.02. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.