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KO

Coca-Cola - Buy OpportunityThe price bounced from the 44.50 support level. RSI and MACD histogram confirmed the price reversal. MACD lines support the upward movement. DMI is bearish with the falling ADX line. It tells us that we should not expect strong bearish movements. At the same time, the price breaks the local swing high - it's an additional confirmation that the market is going to move upward. The market gives buy opportunity with an entry level above the local swing high. It's 46.00 level. Stop orders must be placed below the support level. Profit targets are at the resistance levels.
NYSE:KOLong
by DLavrov
3
COCA COLA - Buy opportunityGood weekend everyone =) Coca Cola had a huge gap down after the bad news on the "earnings" event, we can see on the huge red bar and huge volume , what is that? Panic sell We can see now that the panic is now being absorbed since the volume is decreasing and the stock is trading near a support zone . Overall the stock is still bullish as we can see on the weekly timeframe , we are now on the lower part of the big channel. Now, i'd not buy right now, i'd like to wait some extra signs of strenght or at least no signs of further weakness. A break above the 46 level can mean that the stock is getting read to go up again. Natural targets are 50.0 and 51.5 levels (new ath ). This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
NYSE:KOLong
by MarcelMartins
Are we at a top on Coca Cola?Short term have been trading this up as the patterns have been nice for small bullish moves. Now we're at the top of the weekly ascending channel/wedge/expanding diagonal & have had many waves of bearish divergence with no real breakout to the upside for over 6 years. This is the time to start looking for sell setups (one is presenting itself on the 15 min) That setup will be in the comments! Structurally this can have a big downside. Will it happen? Who knows, if it happens... id like to be in the trade. What are your opinions!? Trade responsibly and thanks for looking!
NYSE:KO
by adambiers
2
KO 2 bullish bat pattern before ER.As the market becomes so volatile recently, that's when I'll be focused on defensive stocks like KO. Money doesn't really have many places to go and U.S stock market is still one of the best choice as not so many comparable alternatives, but it will be much more a bottom-up strategy than top-down strategy recently. To trade both bullish bat, here we got this KO trade to buy here to wait for reversal sign here to buy and double down at 42.00 spot. Even if we put the out below 40.00 huge size fig, it'll only be a 6-7% risk trade, that's the lovely part to trade a stock like KO. Earning report @ 31 Oct is another issue to notice, still I'll be more willing to buy after the earning report. Accordingly, I may take only a very tiny position to trade the bat here, and wait for the pullback to 42.00 after ER, so that even if it surges to the sky after ER, I can have some positions to participate. Let's see how it goes!
NYSE:KOLong
by Trader_Joe_Lee
KO Coca-Cola Long Trip BottomLooks like a trip bottom forming on daily. Charts look good on the Weekly as well in my opinion. Good setup with a relatively tight stop. Always base your trades on the possibility of it going wrong and adjust your risk accordingly. Never risk what you cannot afford to loose. Good luck everyone! Tips are always welcome and will encourage us to release more setups. Thank you! : ) BTC 2.53% 2.56% ~ 3AzvnCnCE84CCBrJgbYJoZReGomeFWWQnc ETH ~ 0x6BD4C177BA087B83c4505d1a997167b0fcFe6D74 LTC ~ MKpsqHCkYVZWgC8GyWERA5WJerxosgduKz
NYSE:KOLong
by Pyr09903
KO Millennials are not too thirsty for Coca-Cola While carbonated soft drink volumes fell in the U.S. in 2016 for the 12th consecutive year. The Consumption of Diet Coke dropped 4.2%, compared to its rival PepsiCo Inc, Diet Pepsi that declined around 9%. However Coca-Cola's own numbers show a 4% decline in Diet Coke's volume in U.S. which it means the reason why this company is always trying new formulas to keep a green and healthy product. But for these days Millennials who really are looking for green and healthy products, makes complicated Coca-Cola's job. Perhaps this company is appealing for good old times, so old investors sometimes prefer to push the price to $48.90 and $50 while they're drinking a coke... with sugar. Have a Good Trading Week. Cream Live Trading, Best Regards!
NYSE:KOLong
by wildcreamlife