CCC3 trade ideas
KO Failed Breakout/Re-test SupportI'm not shorting KO currently, but all indicators show this stock is going to re-test it's lower support line in the next few days. The market has been kind of sluggish this week. The buyers are all on vacation it seems. Would love to see a big fat red gap-down candle tomorrow that busts through the support line <$46.80. That would give . the stock a lot of spring to pop up and out of this ascending triangle (Wyckoff breakout). Closed long position this morning during the first 5-minutes. Plan to reload the truck at or below $47.
$KO Coca Cola safe play - better than a savings actIf you have spare cash in a savings account generating less than 1%apr, this stock has to be one of the safest plays out there. Everyone knows the oracle himself loves this stock. It will in due time rally back up to previous highs. And also it generates above 3% dividend. What are your thoughts??
KO Impending BreakoutCoca Cola has been in a long consolidation period since March. You can tell she has been aching to break out. The volume during this period combined with occasional price tests tells me the insiders are loading up on this stock. On the daily chart, we can see low volume price testing (that candle was much too big relative to the volume) on Jul 31 and again on Aug 3. It's looking like the last of the sellers have been squeezed out. The past 4 trading days sessions have given us modest increasing volume along with modest increasing price (which is significant: we haven't had 4 consecutive up days since prior to the pandemic). I love to see setups like this right before a breakout. I'm long @ 47.80.
KOSupport @ 45.40 area
Resistance @ 48.8 area
Stock is trading in strength around 50-45 on RSI
MACD signals flipped as stock left 1.5 top Standard deviation signaling minor selloff
KO goes up real quickHey everyone,
Coca-Cola is taking a break as i prognostated. Now it seams like it is on it's way to wave B, which is a Long opportunity. After that, the stock likly will go back down again. A good chance to add something to your short position.
If you are short atm, you could close that position instead of building it up as soon as the stock goes to wave C.
Very much fun with that trade!
Leave a follow please, my goal is 200 :)
KO Buy (Swing trade)KO could be entering a area of daily support within the next day or 2. With bullish/reversal price action I will be buying calls and or shares around the $43.50 level and take profit at the top of the channel at the $49 area
$KO daily-Chart has not changed since I drew a couple weeks ago and continues to perform as expected
-Closed right at the bottom a huge volume shelf
-Break of 43.20ish would bring a measure down of about 5 points to the $38 price level
**RSI is still declining but is still below 50 and on watch if it continues dramatic move to oversold territory.
**Still strong volume shelves at 45ish and 44sh
KO - 1D - 2.08.2020$KO - Favorite value stock post COVID. Multi time frame analysis.
1W - Solid bullish tendency. With a 15% average price correction every bullish trend. Tendence line is working as support. Even on smaller and actual time frames.
1D - Lateralizing on zone 43 - 50. Important resistance on 50 USD. Good volume indicating possible accumulation. Weekly trendline working as resistance too.
4H - Fibonacci at 0.382 looks quite strong as the first 4H support. Even though MACD showed selling signals, our last green candle stopped the fall at Fibonacci 0.236. Minimum corrections prices are getting slowly higher and creating an ascendence triangle.
1H - If we take a deeper look at Fibo 0.236, we can confirm that the price is slowly bouncing at that level. Just a little push left for MACD to validate the opening of a long position.
Conclusion: We need one more session with a good volume to confirm a long position and hold it until a target of 50 UDS. 47.40 USD will be our signal. KO its a solid long terms stock to hold. Also, dividends will improve as long demand its reactivated once overcome COVID impact.
¿CONTINUACIÓN ALCISTA O BAJISTA?EN COCA COLA SE OBSERVAN 2 CLARAS CONTINUACIONES. ¿CUÁL DOMINARÁ, AL ALZA O A LA BAJA? SI EL COVID NO SE DESCONTROLA EN D.A. GLOBAL INVESTMENTS CONCLUIMOS QUE LA ALCISTA PERO EL TIEMPO LO DIRÁ. SI NO HAY GATILLO NO SE ENTRA.
#Coca-Cola – Expect a breakout for uptrend continuation Coca-Cola presently in Sideways or consolidation – Expect it for a breakout upside to move uptrend direction very soon.
Uptrend target 60.
drop below sma looking for short to supportKO KO has opened below sma triggering a sell in my opinion towards $44
$KO daily - update from a week ago- Gap filled and right shoulder has formed
- big inverted hammer print today
- Rsi trending down
- Entered too early and took a loss.
- Will re-enter short if 46.30ish breaks
Coca-Cola ShortHey everyone
There is another little divergence in this Coca-Cola stock. For me this is a short :-)
Let me know, what you think!
GoNoGo Charts looks at long term trend for Coca-ColaThe chart above is a GoNoGo weekly chart of Coca-Cola. This long term chart shows how the beverage maker has rallied from the extreme low in March only to be turned away by resistance around $50 several times.
Currently, price is marching up to that level again and this time it has some bullish momentum with it. The GoNoGo Oscillator has not been turned away from the zero from below but instead has broken into positive territory.
The trend is still “NoGo” but perhaps this time price can break above resistance and if so, bring about a longterm change to a “Go” trend.
What are the GoNoGo Indicators?
The GoNoGo Trend indicator blends traditional trend concepts to color price action according to the strength of its trend. The colors range from *bright blue (strongly *bullish) to dark *purple (strongly *bearish)
The GoNoGo Oscillator blends traditional *momentum concepts to demonstrate the velocity of price action. The oscillator ranges from -6 (extremely *oversold) to +6 (extremely *overbought)
KO long opportunityKO long opportunity
Entry price 49, stop loss 44, target value 59
Signals>
RSI
MACD
Volume
Coca Cola Technical Analysis - KOAnalysts suggest to Buy. The Target price might be set to 55.00 USD.
Prices are moving horizontally inside a channel (in trendless condition) and, based on Technical analysis, the idea is to buy - go long - only if the resistance level of 49.00 USD (I would suggest 50.00 USD) will be broken.
There is still an option that the resistance of 49usd will not be broken and the prices might go down and keep moving inside the channel.
In conclusion, wait that the resistance level will be broken before going long.
Fundamental Analysis:
Coca-Cola plans to cut ‘zombie brands’ from its portfolio
The cuts have already begun. Coca-Cola said that it would stop operations on the Odwalla brand of juice beverages, effective July 31. There will be 300 job cuts as a result of the move.
