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KO

Our Stock of the Day / Coca-Cola Two days ago, we posted a long setup on KO. You can check it on related ideas. Now we have a short setup pending on KO as well. Which is the logic of this? a) Currently, we are in a relevant area; the price can be seen as long or short, depending on how it will evolve in the short term. The idea we have is using a system that can provide us with quick adaptation in any direction the price can takes b) Now, the price is below the resistance zone and is making a pullback on the broken ascending trendline. These two items provide us with a solid setup in case the price breaks below "B" of the corrective pattern (Entry Level). IF that happens, we will open short positions, and we will move our stop to break even on the yellow line. The risk-reward Ratio we have on this setup is 2.1 c) The risk we will take is 1% of our Capital d) IF the price keeps going up, we will cancel our short setup, and we will open long positions on the green line (check the previous idea) e) IF the price executes our short setup, we will cancel our long setup. Remember: Trade safe, protect your capital, always understand what you are doing!
NYSE:KOShort
by ThinkingAntsOk
Our Stock of the Day / Coca-Cola Explanation of the chart: a) The price has broken a clear range b) Currently, the price is moving sideways on the edge of it c) That sideways movement can be identified as a flag pattern d) From a Technical Perspective, we expect a bullish movement with the extension of the broken range at least (On that level, we have a resistance zone). There, we will move our stop to break-even e) Our final Risk Reward Ration on this trade is 2.06 / We have set our pending orders in the same way you can see on the chart. We will cancel the setup if the price makes new local lows. Trade Safe, protect your capital, and always understand the investments you are making.
NYSE:KOLong
by ThinkingAntsOk
KO Likely to break through $50 and retrace back upKO seems to be attempting it's 4th break above resistance at $50, post-crash. So long as the overall market holds, I believe it breaking above $50 is highly likely this month. If KO does break above $50 while abiding the ascending channel in the chart, I believe KO could reach $55-$60 with a momentum swing within the next 6 weeks. I picked up September 18th $50 strike calls for ~$0.50, so I'm expecting them 10x-20x if resistance it broken through within the ascending channel.
NYSE:KOLong
by pooptart
1
KO - 1D - 2.08.2020$KO - Favorite value stock post COVID. Multi time frame analysis. 1W - Solid bullish tendency. With a 15% average price correction every bullish trend. Tendence line is working as support. Even on smaller and actual time frames. 1D - Lateralizing on zone 43 - 50. Important resistance on 50 USD. Good volume indicating possible accumulation. Weekly trendline working as resistance too. 4H - Fibonacci at 0.382 looks quite strong as the first 4H support. Even though MACD showed selling signals, our last green candle stopped the fall at Fibonacci 0.236. Minimum corrections prices are getting slowly higher and creating an ascendence triangle. 1H - If we take a deeper look at Fibo 0.236, we can confirm that the price is slowly bouncing at that level. Just a little push left for MACD to validate the opening of a long position. Conclusion: We need one more session with a good volume to confirm a long position and hold it until a target of 50 UDS. 47.40 USD will be our signal. KO its a solid long terms stock to hold. Also, dividends will improve as long demand its reactivated once overcome COVID impact.
NYSE:KOLong
by aoberninger
Coca Cola Technical Analysis - KOAnalysts suggest to Buy. The Target price might be set to 55.00 USD. Prices are moving horizontally inside a channel (in trendless condition) and, based on Technical analysis, the idea is to buy - go long - only if the resistance level of 49.00 USD (I would suggest 50.00 USD) will be broken. There is still an option that the resistance of 49usd will not be broken and the prices might go down and keep moving inside the channel. In conclusion, wait that the resistance level will be broken before going long. Fundamental Analysis: Coca-Cola plans to cut ‘zombie brands’ from its portfolio The cuts have already begun. Coca-Cola said that it would stop operations on the Odwalla brand of juice beverages, effective July 31. There will be 300 job cuts as a result of the move.
NYSE:KOLong
by Mauriello
$KO in a higher degree correction completing Wave B of B Disclaimer:  I have been trading in the markets for about a year.  After several months of charting various instruments, my eyes have gotten trained to recognize different candle formation patterns like Bear & Bull Flags, Head & Shoulders, and others.  This was good.  But, not enough for me to accurately forecast the next following moves and market structure after these patterns had been completed. For me my next evolution as a Trader came with a more fine-tuned approach to Market Structure, The Elliott Wave Theory.  There are two books that were recommended to me as I started this journey. 1.  Elliott Wave Principle: Key to Market Behavior by Robert Prechter and A. J. Frost, www.elliottwave.com 2. Visual Guide to Elliott Wave Trading by Wayne Gorman and Jeffrey Kennedy, www.elliottwave.com I am still learning.  I accept the fact that my analysis may be wrong. But, these are my charts as I continue my journey.  I am open to all feedback on my analysis as I continue to improve.
NYSE:KOLong
by RicoConnects