KOC trade ideas
"Coca-Cola: Top and Bottom Analysis" by ThinkingAntsOkWeekly Chart Explanation:
- Price was on an Ascending Channel since 2013.
- Price broke it up.
- It is on a Bullish Corrective Structure.
- If it breaks it, it has potential to move up towards the Fibo Levels.
Daily Vision:
4H Vision:
Updates coming soon!
Short Term Bearish KOSo KO is showing weakness today, and it seems highly likely that we get a drop to 52.50 before bullish price action resumes. This is very short term, and we should see this play out in the next couple days or week or two at the most maybe. After this weakness in price action, we could possible see a strong move higher follow.
KO, finishing the correction....In previous analysis, we discussed about if the swing was near to finish.
In spanish version, we posted the objectives, and when we saw the divergences in ewo indicator, we thinked that the corrections arrives.
Now, we are seeing if the correction finish, or maybe continues...
this post is dedicated for my friend salman.