#KO #COCACOLA Long Idea Butterfly Pattern
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the smaller accelerated channel takes the cue and oscillate within a bigger channel
that's working very well in KO chart.
Fundamental is the least important because when bear comes, it just swept everything like tsunami
11 days ago, when i posted the chart right at the big channel top, my short triggered at 45.00 but not 46 & 47.
Just nice, it broke the...
The monthly chart of KO speaks for itself. A long lasting divergence and a false upside breakout. It is hard to say how big the downtrend will be, but at the moment, it is clear that only selling should take place.
The weekly chart is already down pretty heavily. A histogram divergence and a larger MACD lines divergence with a false upside breakout leaves room...
For those of you who had followed on my short of KO since it hit the mid-term channel top,
i had used indicators to substantiate my take. Of course, i am always happy to short again if there is a break out to 46,
however, the use of CHANNEL has helped me not only recoup my losses when i started, but with indicator, i am able to make good profit.
For my last put...
In my post previously, i shorted KO using a two weeks put option (buy), when market open plunge upon trading, i exited 9 contracts with nice profit, leaving 1 to see whether it can drop to the bottom of normal channel.
Besides, Earning report coming out in 6 days and MACD has shown bearish divergence yet although histogram has shown. This means weakly bullish.
momentum for Coca-cola's price are building up.
Judging on the recent short-term uptrend channel from 2nd week of Aug, the perfect situation will be the price hitting well above 44.0 so that my buy 10X PUTs will be triggered.
1st target at 43.
It might not happen according to my script.
Longer term I am constructive on the value of KO but short term it is up against a level of supply that could be daunting to get through on this move. Downside to $40 - $39.50 from $41.52 last. Upside risk is just over $42.20.
KO has been reacting to "Key Hidden Levels" well for the year 2014.
Tim 1:26PM EST
Reiterating 8/21/2014 IDEA on KO to exit.
KO fell after earnings back on July 22 and slipped back to an old "Key Hidden Level- Earnings" Support zone at $39.50 and held. The current rebound is back into the gap and to the last earnings report and is a great place to exit longs. I just exited my long position and will look to go short tomorrow if and only if the range of trading is less than today.
You...
Ever since Warren Buffett had invested in Coca-Cola since 1980.. the price has been escalating linearly until a top at June 1998 which coincide with Asian financial crisis.
Unfortunately, for those who invested in Coca-cola ever since, the capital gain was not impressive at all besides the dividends.
After almost 16 years, Coca-cola again began this...
KO shares are sitting at the same price they were back in the BUBBLE of 1998. It is 16 years later and the dividend has gone up 450% and the revenues have risen from $18B to $46B.
Net-net KO has paid out about $10/sh in dividends since 1998, so the return has been positive, but it shows how long it takes to grow OUT OF A BUBBLE VALUATION, which KO was in that...
There is a big divide here between the performance of the overall market and the performance of KO, Coca-Cola.
The way to set up this trade is to go long KO and sell short an equivalent $-amount of SPY shares.
Over time, I think that KO will start to outperform the market and this trade will make a profit. If they both go up, we need KO to do better than the...
