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...
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...
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...
Following my last idea about Coca - Cola I opened a long position in KO. Price has reached my preferred zone to execute a long position. SL is appropriate regarding my risk tolerance. My entry is 50.08 with SL 46.58.
KO Coca-Cola - Buyzone Bottom of Regression on downgrade
This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,