COCA-COLA $KO - Feb. 20th, 2024COCA-COLA COMPANY NYSE:KO - Feb. 20th, 2024
BUY/LONG ZONE (GREEN): $60.10 - $63.00
DO NOT TRADE/DNT ZONE (WHITE): $58.85 - $60.10
SELL/SHORT ZONE (RED): $56.65 - $58.85
Weekly: Bullish
Daily: Bullish
4H: Bullish
Currently holding a long position in NYSE:KO , price just broke above my next bullish target so I decided to chart some new target and support levels.
I quickly labeled what I had previously looked at to enter my long position. Shown is the first bullish zone I looked at, a second zone that was broken to the upside, supported and broken structure, and most recently a range between 58.85 - 59.85, lasting from Dec 29th, 2023 - Feb 1st, 2024. Price had a strong break above this range and then shortly after fell back into the range zone, which became the new DNT area I have drawn. Today, there was strong bullish momentum that broke out of the zone around 60. Price targets to the upside are drawn up to 63.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
Kolong
KO cash secured put sell (The Wheel strat)I have a video coming out later today about KO and a good plan to profit over the next several months. Wanted to get this out ASAP, as it sold down pretty hard on the open. Doing a put sell here looks real good. You could also pick up Jun 2023 options. But with that selling that came in this morning I think it is a good time to get in. Was hoping to get in over the next few days but today also works, haha. Check out the video on the YT channel to see the whole thought process.
KO - STOCKS - 18. OCT. 2021Welcome to our Weekly V2-Trade Setup ( KO ) !
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4 HOUR
Small pullback.
DAILY
Great fundamentals and price action.
WEEKLY
Expecting more bullish pa!
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STOCK SETUP
BUY KO
ENTRY LEVEL @ 54.26
SL @ 53.78
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
KO SetupNYSE:KO stock has been oversold. It's hovering over strong support. Play could be here entry price 48.37, potential target 51.23 and SL 47.13
Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational purposes only. All advice is based on technical and my own opinion.
KO - 3.29% Profit Potential - Corridor BreakoutThis week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum.
- Breakout past a long correction
- RSI below + Stoch above 50
- MACD above Signal
Suggested Entry $49.85
Suggested Stop Loss $49.34
Target price $51.50
About me
- August P/L: +203.83% | Wins 85.19% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
KO Defensive which only dropped 10% in Q4Note how KO only dropped 10% when DIA dropped 20%. A strong defensive and XLP constituent, where it is currently outperforming (XO/XLP). It is possible it may not follow DIA to a double bottom.
46.68 is a nice confluence of the Summer 2018 consolidation top and trend bottom, and neatly fits 1Q19 earnings date.
long COCA COLA @ daily @ trading capability until january`17Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Overnext month i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron