Great brands last forever and KO Coca-Cola is the stock that Warren Buffett said will never sell any of Berkshire’s 400,000,000 shares.
They also pay good dividends too! 3.13% DIVIDEND YIELD on a 29.76 P/E ratio!
Today Coca-Cola Reported First Quarter 2021 Results:
Despite the pandemic,
Net Revenues Grew 5%;
Organic Revenues (Non-GAAP) Grew 6%
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This is just my technical view, neither a fundamental comment nor a recommendation to trade..!
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Because a company is a household name doesn’t make it immune to market declines. Coca-Cola stock fell from ~$60 to as low as $36 a share in roughly a month during the 2020 Coronavirus crash. That is about 40% decline, fortunately for the bulls, was followed by a recovery to approximately $55 by the end of the year.
Is this a good time to join Coca-cola bulls?...
just wanted to share KO stock Elliot wave, a bit hard to see I didn't manage to fit every thing in 1 shot ( you can zoom in :) ).
Also a nice Divergences before the wave!
Do not refer to Harmonic patterns.. Probably it is not true Cola stock is not characterized by this pattern (just an attempt).
(Sorry for my English.. not my main...
It Seems Like Hempcoin found support around 0.01$.
THC has planted their seeds in the bottom and will probably start growing soon. It might need some help getting thru vegetative state but if all goes wel THC will flower pretty good.
Now that Pepe got into THC he's hopes are set on monster bud and giant cola's.
Either way, for now, THC seems pretty cheap for a...
WE HAVE REJECTION OF PITCHFORK TREND , AT THE SAME TIME IT'S REJECTING SUPPORT WITH 190 MA , WITH A LONG PIN BAR CANDLE , & IF WE TAKE A LOOK ON FIBO'S IMPORTANT LEVEL WE HAVE STRONG REJECTION , THE RSI IS SHOWING US A KIND OF DIVERGANCE , WICH CONFIRM OUR PROBABILITY , SO BETTER TO TAKE A LONG POSITION ON THIS MARKET , TILL 83,30 & TRAIL STOP THE PROFITS !
Coke has not recovered since the march drop but was consolidating for some time and printed higher lows as well as an ascending triangle. There is a very bullish TK recross on the 1h and a TK cross above the cloud on the 4h chart, a KUMO (cloud) breakout on the Daily. unfortunately there is a bearish TK cross on the weekly chart however taking the bullish signals...
I am back to conducting full studies based on all my algorithms. At the close yesterday, KO signaled Sell on my Precise Signal. This is great news as this algorithm is highly accurate and finding price reversals. Particularly, this has found reversal points on 10 of 11 occasions specific to the Daily chart for KO and the determination of a SELL point. I have the...
NYSE:KO stock has been oversold. It's hovering over strong support. Play could be here entry price 48.37, potential target 51.23 and SL 47.13
Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational purposes only. All advice is based on technical and my own opinion.
1. Strong resistance line
2. Strong and long upward channel == trending up
3. RSI moving from oversold area upwards
4. MACD buy signal (fast line crossing the slow line with an upwards motion)
5. SlowStoch moving from oversold area in an upwards motion
6. A very safe and investors friendly company overall
What do you think?
Coca Cola is well below the 200ma and has now bounced off its support. The stock is also in a bullish channel and with earning coming up and some positive news, it looks like it could be great swing trade for coming days/weeks and for a very cheap price in options!
Coca Cola is a safe bet, as we can all pretty much agree, the company isn't going anywhere long...
if you based on the hourly time frame, it has bounced. But we normally enter on the day candle. Please wait patiently.
If you dont mind the extra risk, this is a good bounce on the hourly candle.
We prefer to wait to enter at a higher price where daily shows a good reversal candle stick.