I'm doing nothing special here, just using KO's dividends date as a market dump indicator.
Starting 11-21 days before Coca Cola dividends, the market begins to dump like clockwork. Taking previous dumps in consideration, we see that the dump amount is around 9% for KO which is A LOT for a "stable" company like them.
In this following dump to come i have a price...
long-term investment in coke, the price has shown divergence from the rsi, has made a double top in the uptrend marked with the red color, it has been broken and has respected the main trend marked with the blue line, for which we will seek enter shorts until looking for the last minimum.
The 2nd half of the closure saw a bullish harami on the 4-hour chart, and there is a possibility that the stock may have a short-term upside target towards 64.00 before a sell-off. Potential rebound is at 60.86-61.79
Coca-Cola is coming back from all time high.
It broke the parallel Channel and we spotted a bearish engulfing at the top.
It seems it is going downward.
Coca-Cola Company is making another run at its all time highs. IF this breakout doesn't fail, profit taking would be considered at $67 and $71 respectively. The weekly settlement is LESS THAN 1%, this breakout holds marginally more risk than if it had settled by MORE THAN 1% on a weekly basis. However, we shall see...
Coke will remain my soft drink of choice however, I will not be buying any of its stock any time soon. Recently KO was suggested as 'safe stock for seniors' however, I couldn't disagree more. Coke has spent the past 20 years climbing up towards its recent, new all-time high but the lasting RSI divergence is quite evident. There's a pretty good chance that this...
The PEAD projected a Neutral outlook for $KO after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 60%.
I had already sold at 57, I closed part at 54 and now I would like to return on the next day with high volumes because in my opinion it is the retest of the gap of December 6 and broken this the next target is 52
Hello...As you see on the chart we will have a big probability of a downtrend if we have the breakout with force the vwap indicator and also the support line by a big red candle with a large red volume. But, we will have an uptrend after the breakout with force the resistance by a big green candle with a large green volume. Thanks.
Order BUY KO NYSE Stop 56.71 LMT 56.71 will be automatically canceled at 20230401 01:00:00 EST
KO daily bullish hammer with RSI divergence at good buying area. Wave 4 of downtrend, stop loss below buying zone, take profit at Fibonacci 50% retracement.
$KO seems to draw a pretty symmetrical triangle lately. This could signal a breakout to either side. Very indecisive moves in the last two days (breakout to the upside, followed by a breakout to the downside).
