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Will $KO get KO?This is NYSE:KO , strong dividend stock, but the beauty of this is that. Right now it have been testing to create a new high. Ever since it struggle to hold above 54 in 2021 it currently using it as the of what could be a displaced inverse head and shoulders. Primarily a beverage company, unlike its competitor $PEP.
Bullish Case - It is not the clearest inverse head and shoulders but obvious none the less. With earnings approaching a strong report could help break above 64.25 and start the higher high needed for the uptrend. This buy signal looks really strong.
Bearish Case - This snail will not make any highs! Do you see the down trend it is creating? It has created an all time high in 2022 time to settle sub BMV:60 before going higher. When the earning drop it will confirm the fact that it is on a decline that will continue. People want a healthier alternative to the Coca-Cola classic..... out with the old!!!
CAN NIFTY MAKE POSITIVE MOVE NEXT WEEK if NIFTY breaks immediate resistance at 16900 level then it will trade in previous buyers and sellers area which lasted 2 week previous time, and it will also be trading near regression channel resistance area for third time, from 16900 to 17500 price will be voilatile it is better we trade nifty half the quantity lots what we used to trade reguarly .
BANK NIFTY BUYSIDE 23-09-2021 PriceactnHi I'm Sandeep Deb Price Action Trader. I'm sharing some of my tomorrow setup for a BNF.
Tomorrow we can see an aggressive buying above 37120 , aggressive traders can buy above 37050 and safe traders can buy above 37120 with Stop loss @36880
REASON AND SETUP FOR BUYING GIVEN BELOW:
1) In 15min TF we can see down trend and now this trend is going to end or getting weak with confirmation of downtrend rejection, after 5 rejection somewhere there is a high expectation to see for uptrend.
2) 5rejections in downtrend.
3) Cup N Handle pattern.
4) Fib Retracement taking support around 36880.
Last week's Bulls // Still in Success!Hi! Last week we had a major success when trading the Price Action on EURUSD when bulls (longs) continued until the big drop on 8:32 AM US time on Friday, and continued longs until last week. Usually, there will be a gap down on market opening in 6 hours but I prefer to wait a few hours to post the best opportunities, usually after 6-8 hours of market opening.
Stay tuned for an opportunity! I won't disappoint you.