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...
Things to have in mind:
I've graphed a few historic values that most analysts have in their notes.
Semtech Corp reports their earnings tomorrow AMC: I'm anticipating the market will sell the surprise.
The %B is at a good value to "signal overbought".