$KO Long idea for continuationWhile the SPY, QQQ and IWM are tanking, KO is making new highs with extremely strong volume on the weekly timeframe indicating that institutions are positioning in.
CCC3 trade ideas
Coca-Cola Company (KO) New All Time HighsCoca-Cola Company (KO) made a New All Time High and closed above it
Breakout of 2 Year Post Covid Highs Base
Volume above 50 Day Average
Price well above 200 DMA
Shared my entry, exit and take profit as well
$KO / Long / Developing (but recommend reviewing the hourly)Worth checking the price and volume action on the hourly. Looks very constructive and is the reason I'm considering a very tightly managed, low risk trade.
Scan Criteria
Does this stock meet my custom 12 point scan criteria? Yes
Structural Checklist
1. Can a proven price patterns be identified? Yes, CWH on the hourly and shelf on daily
2. Is the 50D SMA trending up? Yes
3. Has price moved >20% since its last consolidation? Yes
4. Is the weekly RS above its Zero Line? Yes, and printing new 10 week highs
5. Does price action suggest the stock is consolidating / digesting the recent price move? Yes
6. Is the price consolidation longer > 20 days? No, only 7
7. Has price volatility contracted from left to right? Yes
8. Has volume volatility contracted from left to right? Marginally
9. Are there visible signs of demand within the base? Yes
10. Are there visible signs supply has been absorbed? Yes
Pivot Buy Point (Last 3 Bars)
1. Is there a visible Tight Zone? Yes
2. Have there been 3 Tight Closes? No
3. Has there been a Constructive 3 Bar Correction? No
4. Is there a Bullish Inside Bar? No
AND
1. Has volume dropped dramatically? No
2. Can risk be managed under 8% in one of 3 ways? Yes
Scan Score (Minimum 12/12)
All Trading Dirty stocks have a Scan Score of 12
Structural Score (Minimum 7/10) 8.5
Entry Score (Minimum 1/4 then 2/2) 3
KO Trend Line and Exponential Moving AverageWait for a pull back to the exponential moving average and trend line. Watch for a price action signal.
Coca-Cola Weekly Chart Coca-Cola has great chance to rise up to $100 dollar by %67 up... ATH resistance has been breakout nicely..
KO - Exactly as predicted in 2020My dear subscribers, my last update on Coca Cola was published more than a year ago. NYSE:KO
As I'm sure most of my visitors have noticed, our strategy focuses on mid- to long-term investing in international companies .
In the last few months, I have made important decisions in various stocks in addition to Apple, Microsoft, Mc-Donalds and IBM.
I publish most of these analyses only on my own website outside of Tradingview.
Now some important technical details about Coca Cola.
In the past, Coca Cola has mostly tended to run sideways and formed several large Wave 1 / Wave 2 setups.
The energy of those formations has now been released in the last few weeks and the stock is going steeply upwards.
In the coming weeks and months, we can expect prices close to 67$ and new all-time highs are within reach.
As long as the important support at 48.11$ is not invalidated, the coming multi-year bull market is unbroken.
If you are curious about the original analysis, feel free to read the post below.
1# Long 14.9.2020
Long at: 50.29$
Profit Targets: 65$, Longterm 70$-80$
Stop-Loss: 50.29$ (On Entry)
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If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
was leaning bearish drew this chart up Sunday looking for a short but it broke my trend line to the upside
Not financial advice
KO on watchKO has been trading like a MOMO stock lately. There has been an aggressive move into defensive names and dividend stocks since the beginning of Dec. This may become a story going into 2022 as people try to find a safe place for their money. Right now it has become a momentum play for me. I will be watching the top green box for a reversal. No longer interested if it breaks below the top box as it will likely fall to the lower green box and fill the gap. Targets would be the ATH and then the 1.618 fib extension.
look for a dip entry here, slow mover ko seeing potential rejection off its previous all time high, also at big rsi resistance.
most likely scenario is a dip to trendline support, 56-57 could be the dip entry before a rally to resistance.
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KO 2D Wolfe Wave Bullish A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
coca cola first time trading this but judging from previous backtesting i'd say it moves like any graph market structure. coke is at a very strong resistance level (order block) it should start selling and sell for quite a bit as well due to the big structure being formed on 4 hours.
LongThe stock broke through the resistance level and gained ground. We expect a strong upward movement. Target price: $64
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Coca-Cola: Resistance Breakout Coca-Cola - Short Term - We look to Buy at 56.74 (stop at 55.13)
Previous resistance level of 57.00 broken. Posted a Double Bottom formation. The formation has a measured move target of 61.27. Daily signals are bullish. Risk/Reward would be poor to call a buy from current levels. Further upside is expected although we prefer to set longs at our bespoke support levels at 57.00, resulting in improved risk/reward.
Our profit targets will be 61.27 and 64.00
Resistance: 60.00 / 65.00 / 70.00
Support: 57.00 / 55.00 / 52.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
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Sell positions - COCA-COLAOnce price reaches the area of value we could expect sellers to drop the price lower. W e could also look for a breakout trade above the even handle 60.00 level should sellers not step in.
Coca-Cola reaches first price target After defending the support level at $53 our setup played out. Our 1st target has been reached....
Value Rotation Possible?Noticed KO seems awfully familiar to MSFT chart. Nice consolidation over the past 20 years and if we do see a value rotation KO could be a nice buy and hold with some great potential gains.
Coca Cola Analysis / RSI divergence Hello everyone, as we all know the market action discounts everything :)
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The KO stock has been doing great lately, where in the last 2 weeks the price jumped from $54.28 and reached $56.92 today almost a 5% increase.
Both the short-term and long-term trends are positive. This is a very positive sign.
KO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
KO has an average volume of 14981700. This is a good sign as it is always nice to have a liquid stock.
Possible Scenario for the market :
Looking at how the stock has been doing lately we notice a strong Bullish movement that will lead the stock to the first resistance line at $56.95, if the Bulls were able to push further and breakout that resistance then we could be seeing the stock reaching the $57.92 range by the end of the week.
In case they weren't able to breakout the first resistance then a correction wave will happen that will cause the price to drop back the support line at $56.13.
Technical indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The MACD is above the 0 line indicating a Bullish market with a positive crossover between the MACD line and the Signal line
3) The RSI is 64.84 showing great strength. with a small Bullish divergences
Weekly Support & Resistance points :
support Resistance
1) 56.14 1) 57.03
2) 55.67 2) 57.45
3) 55.25 3) 57.92
Fundamental point of view :
Kepler Capital analyst Richard Withagen maintained a Buy rating on Coca-Cola (NYSE:KO) Europacific Partners on Tuesday, setting a price target of EUR59, which is approximately 17.15% above the present share price of $57.8.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Coca-Cola Europacific Partners, with an average price target of $66.65.
The analysts price targets range from a high of $76 to a low of $48.78.
Coca-Cola European Partners (NASDAQ:CCEP) Plc engages in the distribution and sale of ready-to-drink beverages. It operates through the following brands: Coca-Cola, Diet Coke or Coca-Cola Light, Coke Zero, Coca-Cola Life, Fanta, and Sprite. It also offers energy drinks, waters, juices, sports drinks, and ready-to-drink teas. The company was founded on August 4, 2015 and is headquartered in Uxbridge, the United Kingdom.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
Coca cola Coke printing a head and shoulders pattern on 4h, just waiting to confirm neckline breakdown after 1h candle close.
Bought some of this todayCoca-Cola looks to be developing a support point here. I bought some shares of this today. Hoping to take it up to the next level at $600. At this price, it wouldn't hurt to buy some, considering the amount of potential profit ahead of us.
Coke is A Buy Right now, Major buy coming in!!!Okay so we have a bullish trend coming here soon and we want to go in to buy this trend now before it becomes bearish again at 3 pm.
KO (Coca-Cola Company) Target Price 57.55KO (Coca-Cola Company) show signs of more bullish moves. On the H1, H2, H3, H4, and Daily Chart:
@higher lows were created,
@EMA 10 is above the EMA 20
Charts shown below are H1, H2, H3, H4, and Daily Chart:
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Charts below were the best entry points:
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KO Cup and Handle. Quick Short yet LongInverse Head & shoulder breakout happened. Is it now a 2-3 % pullback to Gap fill then Bounce completing Cup and Handle? Hope so. Got 10 $56 12/3 Puts. Assuming a quick pullback then continuing up long term. Overall very much Long KO however.
