1KO trade ideas
If KO continues trend, Nov 30 calls will 10xNov 30 calls at strike $51.50 are $0.10. If KO continues it's trend from October 26th to Nov 30, KO calls at strike $51 will reach $1 for an upside of 10x. Since KO is only 1% from the bottom of it's trend, one could sell at a 50% loss tomorrow if it breaks it's trend for a resulting Risk/Reward of 0.50/10. In my analysis, this play has a 20x greater reward than risk.
KO Showing Highly Overbought SignalsKO has been trending in this S/D channel for years. Unless Coca-Cola is planning on going parabolic, this thing is most likely going to run back into the channel, test the mid-line, then test supply at the bottom end of the channel. A divergent SMI gives me added confidence in this trade.
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Are we at a top on Coca Cola?Short term have been trading this up as the patterns have been nice for small bullish moves. Now we're at the top of the weekly ascending channel/wedge/expanding diagonal & have had many waves of bearish divergence with no real breakout to the upside for over 6 years. This is the time to start looking for sell setups (one is presenting itself on the 15 min) That setup will be in the comments!
Structurally this can have a big downside. Will it happen? Who knows, if it happens... id like to be in the trade.
What are your opinions!?
Trade responsibly and thanks for looking!
Increase All Prices DiscretelyConsolidate 2 $48.64;Test ATH 4 Breakout
New Rev Bonus; Consumers Volume Same
KO - Coca Cola announced at ER that prices of all products were quietly increased. Historically, consumer spending on their products does not decrease with product price fluctuation
Positive Long Term Fundamental Catalyst for Potential Increase in Revenues
Consumer's Play historically safety play through market turmoil, and positive if economic spending is up. Long Term Swing Potetial if Resistance/Fibonacci Breakout past $48.64 range
KO 2 bullish bat pattern before ER.As the market becomes so volatile recently, that's when I'll be focused on defensive stocks like KO.
Money doesn't really have many places to go and U.S stock market is still one of the best choice as not so many comparable alternatives,
but it will be much more a bottom-up strategy than top-down strategy recently.
To trade both bullish bat, here we got this KO trade to buy here to wait for reversal sign here to buy and double down at 42.00 spot.
Even if we put the out below 40.00 huge size fig, it'll only be a 6-7% risk trade, that's the lovely part to trade a stock like KO.
Earning report @ 31 Oct is another issue to notice, still I'll be more willing to buy after the earning report.
Accordingly, I may take only a very tiny position to trade the bat here, and wait for the pullback to 42.00 after ER,
so that even if it surges to the sky after ER, I can have some positions to participate.
Let's see how it goes!
KO - MORE OPPORTUNITIES ON THE BUY SIDEPrice above the MA lines (blue and red) implies a positive outlook, Supported by the bullish bias in the “Bullish Harami” pattern, A potential buy signal by the MACD indicator, The 14-day RSI indicator suggests uptrend is likely to occur above 50 pts: Eyeing to break above the downtrend line.
(Disclaimer: All the information are mean for educational and informational purposes only, and is made available to you as self-help tools for your own use. This is not intended to be a substitute for professional financial advice.)
COCA-COLA (KO): STRONG BUYING ACTIITIES BOOST UP PRICE MOVEMENTMomentum in the “Bullish Harami” continues to extend, Positive crossover by the MA lines (blue above red), Further price increase will lead to a buy signal in the MACD indicator, Potential uptrend above 50 pts on the 14-day RSI indicator: Coca-cola may climb further.
(Disclaimer: All the information are mean for educational and informational purposes only, and is made available to you as self-help tools for your own use. This is not intended to be a substitute for professional financial advice.)
COCA COLA COMPANY - NYSE - xuanhaimmoerHi guys, we need to reveal about this stock.
It has test the break out and we can using Fibo to find the support zone and important target.
Using Td - sequential, we are in first red candle so maybe we need small down correction before going up again.
And we all see we have Harmonic pattern with compatible ratio. All the target zone I using Fibo and we can refer it.
Get the chart for learning and reference for your order. Thank for reading and good luck guys!
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