coca cola---> Amazing long momentum, 48's once coca cola starts to gain momentum ride it. yes yes yes correction will come. not yet thoughLongby zigahribar1
COCA-COLA Breakout To All Time Highs: Part 2When constructing your charts, always look left because structure leaves clues. If you saw my commentary on KO before it went on to a series of all-time highs, I thought that KO would break out of its extended trading range. It did indeed break out. So, what is a realistic expectation for profits? First, a Fibonacci extension. This will give you a good idea of where to sell your position. However - I would like to share with you an additional guide. In the chart above I have constructed a trading channel for the break out. Please note that the trading channel was measured and is the same distance of impulse leg X to A. Yesterday I sold my KO August $43 calls (at this level, the end of the first trading channel), and I am waiting for a pull back and a re-test of $45.50 to $46.00. Yours for better trading, DonLongby 649bruno2
"COKE COLA POSSIBLY LOSING ITS FIZZ"WE HAVE SOME SYNERGY APPROACHING THE BREAKOUT HIGHS. TIGHTEN UP STOPS IF LONG AND KNOW YOUR PRICE ACTION MAIN PIVOT OF 36-34 SHOULD BE WATCHED CLOSELY IF APPROACHED.by SynergyCharts1
Break-Outs To All Time Highs: Part 3, Coca-ColaThis is part three of a three-part series on break-outs to all time highs. Today I feature Coca-Cola (KO). I learned 40 years ago there are four phases in a stock's movement. (1) a sideways move, or a base; (2) the up trend; (3) the topping formation, and (4) the decline. KO had been in a base for over a year, with a double top near $45. Would KO have a breakout, or fake-out? As KO approached $41 at impulse leg D, I could see an IMPERFECT bullish XABCD pattern. At the same time the Aroon indicator had gone positive (Aroon and Vortex are very similar), with green over red indicating a change to a positive trend. I went long on KO at $43 in late January, purchasing deep in the money call options for August. My first upside projection is to Fibonacci 1.272 ($47.26), or Fibonacci 1.618 ($49.02). (My decision to hold or sell will be the action of the stock and indicator readings). So far KO has steadily been marching higher. And, the trend is your friend, right? I think I will close for today, and I will go and enjoy a Diet-Coke. Yours for better trading, Don.Longby 649bruno2
$KOPrior support + 2 important fib levels would act as good support if price were to retrace down to around those levels.Longby SwingTradeProfits1
KO: Enjoy the new high!Coca Cola is in an ascending type of formation, in which it would be risky here to go long because the upper border is too close. It would also be too risky to go short here before any definite signal.by Csys223
Coca Cola Put Option TimeLooking for a leg down next month. I'm getting in now. Fundamentally I believe KO is a little over valued.Shortby MonsterMoves1
COKE potential bull entryI like the sideways actions, and i like, the entry, on this, short term bull entry. STOP placed below 42.00by atrdes0
Cup and Handle for Coca Cola KOThis 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 .Longby Bitcoin_Altcoin0
Cup and Handle 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 break up above $45 I see a %50 - %100 rise playing out .Longby Bitcoin_Altcoin1
Elliott Wave Analysis & Forecast, #KO, M1, 20160119Today we pick up coke share and gone deeply into price history. If we look at chart we have to know that is SUPER CYCLE complete in its five red waves? The span of the cycle consisted about 100 years but usually the age of super cycle consist of 50-70 years but it is not hard and fast rule. If its correct then we are now in super correction since 1998. Red wave A completed in the form of triangle and wave B finished just above the previous high in nov , 2014. Now we are in final wave red C which will consist of five blue sub waves. As wave 1 is little bit short, we are expecting that blue wave 3 will extends and ideal target for this wave is near 9$-10$ or even low in coming years.Shortby muhiuddin2
KO: Cola-ColaThe monthly target for Coca-Cola (KO) stock is 35.03 to 34.32 area; but the penguin likes 28.84. Maybe KO's February earnings catalyst will invalidate this pattern. Also, I dare not short it because of the price action going down.Shortby Rocketman3