KO is forming a Bullish ascending triangle, with a breakout set to occur at $50.
If KO breaks the $50 resistance, we can expect a climb to $52.
10-Day EMA has crossed and remained above the 50-Day EMA, indicating a short term bullish pattern.
If KO breaks the $50 resistance, we can expect a climb to $52.
10-Day EMA has crossed and remained above the 50-Day EMA, indicating a short term bullish pattern.
Note
Prepare for profit, hopefully KO can finish the day above $50 to verify trend.Trade active
Note
9/18 $50.5 C ($0.81 avg cost)Trade closed manually
Secured Profit (+36% Profit)Trade active
9/25 $51 C ($0.55 avg cost)KO continues on its bullish run. Forming nice support around the $50 mark and has solid room to grow.
TP1: $52
TP2: $58.8
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.