KOD trade ideas
KO getting close to bouncing off its last support on the 4hrAfter revealing the earnings report, there has been a bearish sentiment on it in the opening hours.
Seems that the share holders out there still like Coca-Cola in bottles (something that KO is abandoning).
Even though the earnings is in line with estimates it seems the profit takers are out there along with maybe a few bears that has helped the value be pushed down.
Ive set a small order to capitalise on this with my etoro account to capitalize on if the value hits its last level of support as this may shake a few of the bears clear and get some bulls back in on the action.
#KO #stock #long
On the daily the KO has formed an inverse H&S, a very bullish formation. The MACD is poking up and so has the Stoch RSI. The obv is not great, but it is not all that bad either. Expect a 1.61 RRR. I would shoot for a Jan19 $42 strike price call, bid ask 3.85 4.0.
*****side note 1****
KO is a good proxy gauge for the overall market. The stock is less volatile and there is less noise around it. The stock looks like it may have found a near term bottom inside of it's longer term bearish distribution. KO and the broader stock market may be near an important low for the year, thus there maybe some buying opportunities.
****side not 2****
these ideas are just my personal opinions. I am not investment guru. Take them for what they are
Weekly
Higher low has formed in the stock. MACD looks to be setting up for an upward breakout. OBV has held steady during recent slump, suggesting core institutional investors still like the stock and are now easily swayed by recent market turbulence. Stoch RSI also looks to be setting up for an upward move.
Opportunity to buy Coca Cola clearly on upwards trendLooking by the chart it is clear the stock of Coca Cola will in a short time bounce back up.
KO may be has an opportunity go longThe price perfectly touched the support green line, and it may be on put option TMR.you can enter around near the support line.
There is an additional support is SPX did not break 7050, i guess, TMR may be not a bad day.
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! : )
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Bearish CrabKO, Set buy limit order with other cancels other for target/stop, still learning. It opened higher today but the bears were able to bring it back down again which made it a filled green candle.
Buy Order: 43.50
Target: 45.50
Stop: 42.50
Time Frame: March 12th
KO Detected possibility of exceeding guidanceKO: coca-cola company
2018-02-16 06:55:06
Detected possibility of exceeding guidance
Coke Drinkers OnlyHi guys. This one is looking strong imho as long as the megaphone keeps standing. Please feel free to comment.
It's good to buy and hodlSupply and Demand, Support and Resistance, Price Action, Price Pattern, Elliott Wave.
Darvas box breakout.Nice breakout with supporting Fib. time and price correlation. This one has a chance to stick!
Coca Cola should continue upwardCoca Cola has overcome resistance, the selling pressure should reduce and this stock is likely moving higher.
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!
Falling Wedge Breakoutwe had divergence on the stochastics on the last couple of price lows, and now we have what seems to be a falling wedge breakout. Also, watch for a break on the RSI resistance.
