I am just starting out and learning. Does this trend look accurate?
The PEAD projected a neutral outlook for $KO after a positive over reaction following its earnings release placing the stock in Drift B If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
KO daily chart using weekly resistance march 2021
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 !
- SELL - BEARISH CHANNEL BREAKOUT - PRICE CLOSED BEARISH ON MARKET CLOSE - AWAITING 20/50 MOVING AVERAGE CROSSOVER TO CONFIRM DOWNWARD BIAS
This is KO's weekly chart. The current bar is still open and it's only Tuesday. 3 more days to go tp see if it will end up being a shooting star pattern on a trend line retest. The MACD histogram is showing weakness as well with a potential cycle peak. Also, we had a lower low today vs yesterday. Forecasting a retrace back to $52 area in the next couple of days...
Swing trade idea, if you want entry in KO decent for long position also works. PT on fib line exit on fib line.
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 $55 by the end of the year. Is this a good time to join Coca-cola bulls?...
Coke had given triangle breakout with buy target of 57$ NYSE:KO
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...
This is a good company to buy that should do good with a rising yield environment , it's time for value stocks to shine . So , I will plan to trade this as a trend following set up . After we exceed the risk vs reward set on chart I will adjust my stop to break even , then I will adjust my stop loss accordingly as we form new supports . Hopefully :) Another...
Looks like we're in one big correction. Lower time frames are indicating sell setups! What's your outlook on the Coca?
The price of KO is near a strong support level. Dont forget to use a stop loss in case it the support level breaks.
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.
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...