Weekly Chart Explanation: - Price was on an Ascending Channel since 2013. - Price broke it up. - It is on a Bullish Corrective Structure. - If it breaks it, it has potential to move up towards the Fibo Levels. Daily Vision: 4H Vision: Updates coming soon!
A RSI divergence observed. This one hit T1 and likely to hit T2,
So KO is showing weakness today, and it seems highly likely that we get a drop to 52.50 before bullish price action resumes. This is very short term, and we should see this play out in the next couple days or week or two at the most maybe. After this weakness in price action, we could possible see a strong move higher follow.
KO broke to the downside and is continuing down to the support level of a top completion. This aligns closely with the prior gap up.
In previous analysis, we discussed about if the swing was near to finish. In spanish version, we posted the objectives, and when we saw the divergences in ewo indicator, we thinked that the corrections arrives. Now, we are seeing if the correction finish, or maybe continues... this post is dedicated for my friend salman.
Price will likely pullback around 15%. Deeper price cutback was 10 years ago during the crisis.
Looking to buy on weakness LT hold for my acc
this earning, that was positive will lead to 60+ comment is you disagree
In the following chart we can appreciate a down trend line that goes through 5 different and meaningful points as you can see. In the last point (E) theres a break of the trend line that marks the signal for a bullish move and take a long position.
COLA Primeiro pullback mensal - 2meses negativos em direcao ao terceiro para alcançar FIBO 50% Alcançando FIBO 50% votla a subir para UP TREND LONG
After a short downturn, Coca Cola has turned again. It is still trending to the upside and still comfortably above its 200 Day SMA. If you then consider what looks like a clear pivot away from sugar, looks very interesting. Thoughts? NYSE:KO
Earnings reciente con gap up y vela doji. Entrar en CALL si supera max de la vela. ATH en zona 56. MACD y MAs rapidas en cruce positivo. Cruce positivo MACD en D y cruce positivo de MAs rapidas en D.
Coke's Major Keys *Trading above SMA200 *Recently had a strong breakout via gap-up *Break above & close above EMA21 & SMA50 *Recently left known oversold rsi levels *Indicator convergence ENTRY @ intraday momentum supports long term trend @ break above short term EMA EXIT @ overextended indicator levels or any close below trailing stop STOP @ any close below...