..with the Squeeze Test insensitivity increased to 40.
Performs well even with 0.15% commission.
For best results with my strategy scripts, the parameters needs to be optimized and back tested for a particular chart and timeframe.
Default settings were optimized for Bitcoin (BTC) on the 6hr chart (but appeared to perform well at selected lower timeframes,...
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.
COKE reversed off its resistance at 227.11 (100% & 61.8% Fibonacci extension, horizontal swing high resistance) where it could drop further to its support at 205.70.
Stochastic has also reversed off its resistance.
COKE is approaching its resistance at 227.11(100% Fibonacci extension, horizontal swing high resistance) where it could reverse to its support at 205.70.
Stochastic is also approaching resistance at where a reversal could occur.
COKE is approaching its resistance at 227.11 (100% Fibonacci extension x2, 76.4% Fibonacci retracement, horizontal swing high resistance) where we expect to see a reversal to its support at 197.53.
Stochastic (55, 5, 3) is approaching resistance where a corresponding reversal could occur.
COKE is approaching its resistance at 217.4 (100% & 61.8% Fiboancci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where we expect to see a reversal to its support.
Stochastic is approaching resistance at 98% as well where a corresponding reversal could occur.
Prefer if it reaches our range of 220 for short.
226 being local support
229.36 being stop loss.
What are your thoughts? do you see something else?
Lets have a conversation!
COKE is approaching its resistance where a reversal could occur. Stochastic is approaching its resistance as well where a corresponding reversal could occur.
Coca-Cola Consolidated Inc, formerly Coca-Cola Bottling Co. Consolidated, produces, markets and distributes nonalcoholic beverages. The Company is an independent Coca-Cola bottler in the United States. The Company's segments include Nonalcoholic Beverages and All Other. Majority of its total bottle/can volume to retail customers consist of products of The Coca-Cola Company. It also distributes products for various other beverage brands, including Dr Pepper, Sundrop and Monster Energy. The Company's product offerings include both sparkling and still beverages. Sparkling beverages are carbonated beverages and the Company's principal sparkling beverage is Coca-Cola. Still beverages include energy products and noncarbonated beverages, such as bottled water, tea, ready to drink coffee, enhanced water, juices and sports drinks. There are two main categories of sales, which include bottle/can sales and other sales.
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COKE
