Coca cola for long One stock I've really been unsure about but it's really been settling up for a possible long position so I might just risk a lil on coke. What's ur take on it??
KO trade ideas
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!
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.
KO 50DMA SupportKO has used the 50DMA as support 3 times since late July. It is currently showing support at it. Could potentially bounce off of it again to take a long position for a few days.
KO Long, Demand ZoneWedge breakout, retest trendline
Demand Zone
Entry: 48
Stop: 47;
Target1: 52; reward:risk=4:1
Target2: 57; reward:risk=9:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
KO to $54+$KO continues to be bullish and establish its ascending triangle pattern. A breakout may occur at $50, and have a gradual climb to $54.
The 10-day exponential moving average may pass the 50-day, indicating a strong bullish trend. It may be a good idea to wait and watch for a strong buy with solid volume before entering a trade.
Disclaimer: This is not professional trading advice.
KO up Fibo!I think the 51,08 dollars on the 0,618 fibo like the next objective. Will it be possible?
Short KO Coca ColaHey all,
Ill be shorting this it just retested resistance and looks like it failed to pass it.
Thats why i place my stop so close. If you want to be safe place the stop a bit further away,
As a target ill be loking at the daily support and weekly below that.
Another nice risk/reward setup.
Ill keep you posted on this.
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This information is not a Recommendation. It is purely for Educational Purposes.⠀
⚠ Keep in mind this is just a prediction, i might go in on this trade but stick to your own strategy and method.
KO coming in for the knock-outAnother "bottom of the line" stock.
As always, don't take this as the "bible"... please do your own research before investing. This is just to give an idea.
Coca-ColaTF: 8 Hr
Coca-cola looks like a pretty solid buy right now for a longer-term, slow chugging move to the upside.
Point of purchaseIf we look at the relationship of the previous time an upward cycle will repeat itself.
To this we must add the fundamental analysis of the actions that coca cola is taking within the company.
COCA COLA - Long EntryHello dear Stock Traders
Another day and another DOW30 stock analysis, this time we will take a look at Coca Cola. NYSE:KO
I had a hard time counting the elliot wave formations which showed up after the March Drop, Coca Cola had a very heavy correction.
Since the bottom we formed a 1-2-1-2 Pattern , a solid foundation for a healthy uptrend.
This 1-2-1-2 also traded a long time in a triangle, further the price suceeded in breaking out of it.
I am expecting a solid uptrend from here, however the risk in this trade shouldn't be forgotten also.
1# Long
Long at: 50.29$
Profit Targets: 65$, Longterm 70$-80$
Stop-Loss: 46.86$
Coca-cola KO will go up after its pullbackCoca-cola after pulling back to 0.5 fib level ($50.16) and finding support there which lined up with 3/1 level now started going up and is slightly getting rejected at the 3/1 gannfan line 0.786 fib level ($51.02). The momentum is still strong but it will continue going up until $53.50 levels which is the top of the 2/1 gann channel and the 1.272 fib level that lines up with resistance level aswell
KO - Secular RotationCoca-Cola is looking really good for a long opportunity. We had a nice break of an ascending triangle formation and it is holding the 200 MA. Positive momentum and the RSI is in a good range. As the tech sector pulls back, I think we will see a nice rotation back into value equities and Coca-Cola is an excellent pick heading into the holiday seasons.
As always, I am not a financial advisor and this is not financial advice. Do your own research and formulate your own theories. Good Luck!
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.
