It Looks like KO is setting up for a nice buy and hold situation the stock has been on a move when its peers have been showing weakness.
I got the stop kind of tight on this one since it has the 10ema, 100 simple, and 50 simple above it. The Moving Average to worry about before the target is the 200.
Setup:
Trigger: 41.96
Stop: 41.36
Target: 44.23
I would also...
KO on weekly chart, is inside a big huge yellow triangle. RSI is above 50, or bullish at this time. I believe that KO will go up to around $45.00, then drop to the same starting range candlestick of start of 2017 of $41-$42 end of year. Remember, by just having shares and/or options in KO during dividend events, you will get a check for 0.33 cents to 0.37 cents,...
On April 27, 2017, The Coca-Cola Company ( ) 20 day moving average (DMA) crossed above the 250 DMA , 50 DMA crossed above the 200 DMA, and 100 DMA crossed above the 150 DMA. All three crosses are bullish in nature and have never all occurred on the same day before. Historically the stock does not always rise over the next 20 trading days when each individual...
uptrend.....
it can be a pullback to strong s/r zone around 43 and i expect chart come beck on this level ...
buy after sure trigger e.g. a good bullish candle
KO is following pattern in the up trend. Coca Cola looks to be on the way back up after the down move. Waiting for the break of the down move before getting in. Target price around $47.00
GL trade safely!
The world knows WB drinks Coke on daily basis and he has huge investment in Coca-Cola
If you need any fundamental information, look for Finviz and etc
I am only interested at the chart
Using again the most primitive line chart, i cant believe what i see. Wait a minute, price broke down from the wedge?
Yes, monthly chart is not completed yet, but i will post...
