Cola
8/17/22 KOCoca-Cola Company (The) ( NYSE:KO )
Sector: Consumer Non-Durables (Beverages: Non-Alcoholic)
Market Capitalization: $280.582B
Current Price: $64.88
Breakout price: $65.20
Buy Zone (Top/Bottom Range): $64.60-$63.65
Added Target: $67.00-$67.30
Estimated Duration to Target: 41-43d
Contract of Interest: $KO 9/16/22 65c
Trade price as of publish date: $1.10/contract
Coca-GOlaCoca-Cola
Short Term
We look to Buy a break of 64.83 (stop at 63.28)
A break of bespoke resistance at 65.50, and the move higher is already underway. We are trading within a Bullish Ascending Triangle formation. The trend of higher lows is located at 63.00. The medium term bias remains bullish.
Our profit targets will be 69.02 and 70.90
Resistance: 65.65 / 66.50 / 75.00
Support: 63.00 / 61.30 / 59.50
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
How does the surge in sugar futures affect Coca-Cola’s profit?
Sugar is used in food, beverage, and in biofuel production, and its importance in global trade gives it a strong position in the commodity futures market. The price of sugar has surged 17% since the beginning of January 2021.
Reduced Brazil production
Sugar prices have recently been affected by production levels in Brazil, a key sugarcane producer and exporter. In May, Brazilian mills reportedly had to cancel sugar export contracts as they shifted to ethanol production, seeking to capitalize on high energy prices.
Brazil supplies half of the world’s sugar, producing 654.8 million tonnes of sugarcane, 41.25 million tonnes of processed sugar and 29.7 billion liters of ethanol annually.
As the Ukraine crisis triggered a global energy crisis, Brazilian farmers shifted to ethanol production. However, the US Department of Agriculture estimates that sugarcane crop in Brazil will recover 6% year over year to 613 million metric tons in the 2022-2023 marketing year.
Strong output in India and Thailand
Still, India and Thailand, which also export substantial volumes of sugar, are making up for the reduced output in Brazil. Last month, a trade group in India said the country could produce a record 36 million tonnes of sugar in 2021/22, up 3% from early estimates.
The record output in India and improving production levels in Thailand could bring global sugar prices down. But concerns that the Indian government could curb exports recently pushed the prices of sugar futures higher.
Sugar users bear brunt
While concerns of lower sugar production can be a win for sugar futures traders, users of the commodity are bearing the costs of low sugar supplies and higher inflation.
Coca-Cola (NYSE:KO), known for its namesake sugary drink, is considering additional price hikes as record-high inflation is eating away companies’ profit margins.
Last year, Coca-Cola raised the prices of its products to counter higher commodity costs, joining other consumer brands like PepsiCo (NASDAQ:PEP) and J.M. Smucker (NYSE:SJM).
The price hike helped the soda manufacturer grow its full-year revenue in 2021 by 17% year over year to $38.7 billion. Household brands like Coca-Cola, which continues to dominate the global market for soft drinks, have strong pricing power, allowing them to pass on higher input costs to customers.
Thus, Coca-Cola’s stock price has risen in line with the price of sugar since the beginning of 2021, up by ~20%.
However, Coca-Cola and rival PepsiCo recently suffered from lower margins despite strong revenues. The companies warned in February that rising costs are weighing on their profit margins, prompting them to lower their sales expectations.
Banking on pricing power
"We control our supply chain basically all the way to the shelf. That puts us in a relatively better position, but I wouldn't say we're not going to have challenges. We're not immune to that," Johnston reportedly said.
PepsiCo’s stock climbed 13% over the past year as of Tuesday.
Coca-Cola CFO John Murphy echoed Johnston’s concerns, telling analysts in an earnings call in February that the company continues to expect commodity price inflation to have a mid-single-digit impact on comparable cost of goods sold in 2022.
But Murphy remains bullish on the company’s pricing power, saying commodity pressures will be offset by the company’s “pricing power and brand leadership.”
Low Risk Coca-Cola Short SetupShort scenario Coca-Cola, using a low risk short entry and harmonic patterns. Basically selling the micro second leg up, that's coming from a harmonic leg up. High probability of another leg down. See for yourself!
𝘼 𝙡𝙞𝙠𝙚 𝙖𝙣𝙙 follow 𝙬𝙤𝙪𝙡𝙙 𝙗𝙚 𝙖𝙥𝙥𝙧𝙚𝙘𝙞𝙖𝙩𝙚𝙙!
Thank you and have a good one
6/20/22 KOCoca-Cola Company (The) ( NYSE:KO )
Sector: Consumer Non-Durables (Beverages: Non-Alcoholic)
Market Capitalization: $257.631B
Current Price: $59.43
Breakout price: $63.00
Buy Zone (Top/Bottom Range): $61.30-$56.85
Price Target: $74.30-$75.60
Estimated Duration to Target: 336-352d
Contract of Interest: $KO 6/16/23 60c
Trade price as of publish date: $5.75/contract
The Coca-Cola Company bearish scenario:The technical figure Triangle can be found in the US company The Coca-Cola Company (KO) at daily chart. The Coca-Cola Company is an American multinational beverage corporation, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. The company's stock is listed on the NYSE and is part of the DJIA and the S&P 500 and S&P 100 indexes. The Triangle has broken through the support line on 15/06/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 22 days towards 57.18 USD. Your stop loss order according to experts should be placed at 65.09 USD if you decide to enter this position.
Coca-Cola Co said on Tuesday it had delayed the plans of an estimated $3 billion initial public offering (IPO) of its African bottling unit to 2023 due to turbulence in the market. The flotation of the division, Coca-Cola Beverages Africa (CCBA), would be the biggest on the Johannesburg Stock Exchange since at least 2016 and a major boost for the flagging index. Earlier in May, Reuters reported citing three sources that the IPO of the business would be delayed due to market turmoil, stemming from Moscow's invasion of Ukraine.
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PFE, KO - Very Strong Monthly ChoicesFor anyone looking for a long position in their portfolio (Monthly) Pfizer and Coca-Cola Hodl great potential in their current state
Pfizer has formed a bullflag above the Gaussian Channel
Coca-Cola is very similar above the Channel, however lacking the bullflag
For Coca-Cola check out my previous post below
KO - Extremely Bullish State 3M Coca-Cola has currently provided us a great long opportunity on this 3 Month chart
Price has moved up just above the Gaussian Channel
Last time this was seen (the previous strong bullrun) price soared about 4000% over a period of 20 years
Whos in it for the long game?
Downing Coca-ColaCoca-Cola
Short Term - We look to Sell at 62.89 (stop at 64.29)
We look to sell rallies. Price action has posted a bearish Marabuzo candle and is negative for short-term sentiment. Posted a Double Top formation. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 63.00, resulting in improved risk/reward.
Our profit targets will be 59.38 and 57.98
Resistance: 63.00 / 65.00 / 67.00
Support: 60.00 / 58.00 / 55.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
COCA-COLA showing strength but needs to avoid this fractal.The Coca-Cola Company (KO) has been having an impressive non-stop rally ever since the March 10 low as last week it broke above its yearly High. With the 1D RSI approaching the overbought zone of 70.000, exhaustion for this rally may be close. In fact, it resembles the September - November 2020 sequence, as it just flashed a Red Ichimoku, which on the 2020 sequence was a bearish reversal signal.
If the price fails to break the 1.236 Fibonacci extension, be ready for a pull-back that can reach as low as the 1D MA200 (orange trend-line). On the other hand, a closing above the 1.236 Fib, could deliver a rally extension similar to December 2021 - February 2022, that reached as high as the 2.0 Fib extension. On the current sequence, the 2.0 Fib is around $68.50.
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KO - Case for ShortPrice ran above the Feb 24, 2020 high but struggled to maintain upward momentum. From the price action seen outlined in the yellow box, it appears the institutions have been distributing their holdings since the beginning of the year.
Selloff prior to the move lower is in the form of profit taking above the 60$ price level before the advent of the war in Ukraine and far before announcing KO will be shuttering their business in Russia due to the ongoing war.
I anticipate the price to remain on the heavy side with possible reach for the equal lows at 52.20 price level.
Coca Cola (KO) at SupportCoca Cola NYSE:KO has pulled back to a 50% Retracement from the December low to the recent March high. I am fundamentally still bullish on Consumer Staples via Sector Rotation theory. Since Implied Volatility is high I will do a combination of bullish methods with divided risk to express this trade:
Long Shares
May 62.5 Calls
May 55/52.5 Put Credit Spread (to offset IV)
Betting agains WARREN BUFFETT is it smart?Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart:
1. Price levels are working good
2. Globally and locally uptrend, the price at all-time highs
3. THe levels is confirmed by a touch
4. It was a near test
5. The model I'm going to trade "false breakout with 2 bars"
6. There is accumulation in the highs
7. The price closed in the short area
8. Enough room for trade with risk/reward 1 to 5.10
9. no model "ascending lows" anymore
10. no news for the last 10 days
11. the price came from below
12. BEWARE report on February 10! I'm going to out before that date.
Potential risk/reward ratio = 1 to 5.1 meaning that potential risk 100$ with the possibility to make 510$
If it does make sense to you, press a thumb up! 👍
KO! short the CocaA short position is considered!
I you want to begin holding KO, I think it makes more sense to buy a little higher than the levels (57.0 or 61.5) so soon to buy
To summarize my general opinion for short-term is bearish (Don’t enter a long position until the price breaks the level up or reverse and react to 57$), for longer term analysis, I believe, despite all stories behind the harms of sugary drinks KO is still bullish.
Beyond the technical: (do your analysis, I’m not educated in the case of fundamental analysis academically)
Fair Price to Intrinsic Value: 1.12 which is a good score!
To summarize my fundamental opinion on this stock:
normal ( sideway )