COCA34 trade ideas
8/17/22 KOCoca-Cola Company (The) ( NYSE:KO )
Sector: Consumer Non-Durables (Beverages: Non-Alcoholic)
Market Capitalization: $280.582B
Current Price: $64.88
Breakout price: $65.20
Buy Zone (Top/Bottom Range): $64.60-$63.65
Added Target: $67.00-$67.30
Estimated Duration to Target: 41-43d
Contract of Interest: $KO 9/16/22 65c
Trade price as of publish date: $1.10/contract
Coca-GOlaCoca-Cola
Short Term
We look to Buy a break of 64.83 (stop at 63.28)
A break of bespoke resistance at 65.50, and the move higher is already underway. We are trading within a Bullish Ascending Triangle formation. The trend of higher lows is located at 63.00. The medium term bias remains bullish.
Our profit targets will be 69.02 and 70.90
Resistance: 65.65 / 66.50 / 75.00
Support: 63.00 / 61.30 / 59.50
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Analysis on KOAs you can see on the graph we are in an uptrend and we are not going against this trend. But, we notice on this chart small candles with small bodies and small wicks. Therefore, we have a high probability that the market will go down but provided that the vwap indicator is forcefully broken by a large red candle and accompanied by large red volume.Thanks.
analysisGood morning all! On KO we have an intersection between the resistance line and the support line. Therefore, if the resistance line is broken with force by a large candle followed by a large volume like the vwap, we would have a very high probability of an uptrend. On the other hand, we will have a downtrend however if the support line is broken with force as well as the vwap by a large candle accompanied by a large volume. thanks.
Possible Long Term Top in CokeKO has performed well even as much of the market tumbles. One topping pattern I watch is the three period test of a closing high or low. KO is showing such a possible set up. Even as we are early in to the month, it's a possible indicator as to the health of the overall market. If we have another big, lengthly move down, today's high fliers will likely also be affected.
Low Risk Coca-Cola Short SetupShort scenario Coca-Cola, using a low risk short entry and harmonic patterns. Basically selling the micro second leg up, that's coming from a harmonic leg up. High probability of another leg down. See for yourself!
𝘼 𝙡𝙞𝙠𝙚 𝙖𝙣𝙙 follow 𝙬𝙤𝙪𝙡𝙙 𝙗𝙚 𝙖𝙥𝙥𝙧𝙚𝙘𝙞𝙖𝙩𝙚𝙙!
Thank you and have a good one
6/20/22 KOCoca-Cola Company (The) ( NYSE:KO )
Sector: Consumer Non-Durables (Beverages: Non-Alcoholic)
Market Capitalization: $257.631B
Current Price: $59.43
Breakout price: $63.00
Buy Zone (Top/Bottom Range): $61.30-$56.85
Price Target: $74.30-$75.60
Estimated Duration to Target: 336-352d
Contract of Interest: $KO 6/16/23 60c
Trade price as of publish date: $5.75/contract