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Entry

Possible Entry ApproachingIt doesn’t take a genius to figure out KO has been a good long term investment and will continue to be a good long term investment. They have been innovating for decades show no sign of stopping. If you are looking to trade the stock there may be an entry point soon. After plunging past support of $50 in an upward channel on 1/14 the stock found new support at $48.70. It held here from 1/20 to 2/4 and just before earnings on 2/10 there was a gap up to $49.65. Price action says investors were not too impressed but did not punish it back down to $48.70 and on 2/10 KO closed at $49.60. I believe KO can go back to $48.70 over the next few days, once again fund support, then continue trading higher to $51.00. If it holds at $49.44 there is a good chance it continues to trade in its previous upward channel and hits $51.50 before trading even higher. I would buy at $49.75 and set a stop at $48.60. PT1 is $51.00. PT2 is $52.70.
NYSE:KOLong
by Profit_Center
3
EUR was weighed on by the stronger buck...EUR was weighed on by the stronger buck, succumbing to further pressure as political risk in Italy has grown after Renzi’s ministers resigned, although the downside was relatively brief and it is unlikely snap-elections will be held. ECB President Lagarde reiterated the ECB carefully monitors FX and FX movements but do not target it, adding the ECB will be extremely attentive to FX impact on prices. Aside from EUR, Lagarde reiterated that if a larger PEPP envelope is required, the ECB will recalibrate, and if the ECB does not need to spend the full envelope, it will not. She was also optimistic on the start of the year. Villeroy also noted they are closely following the negative effects of the EUR rate. EUR/GBP possible third bounce at highlighted key level on trendline. Also aligns with 61.8% FIB.
by FTUKcom
6
analysis NAS100Hello traders, sorry about the delay, been going through personal issues. Now I'm back and better currently. We here to talk is the market is making pullback AKA retracement before moving to the upside of the market. Doing these times you would think the market will be currently crash for a long while but surprisingly the nas100, US30, and SPX are doing good right now even along the run-off election. I have provided entries and targets and patterns for you guys. Feel free to messages for the free group chat helping you to success the path of your trader experience. Never give up! Thanks for reading! Have a Blessed day!
OANDA:NAS100USDShort
by MonaySess
1