Summary on KO (downtrend)On KO the sellers are still there after the breakout of the vwap indicator and the support line by a big candle with a large volume. So sellers always have upper hand over buyers.thanks.
KO trade ideas
analysisOn KO we have a big probability of a downtrend so we have a breakout of the support line and vwap indicator by a big candle with a large volume.
Coca-Cola (KO) - Looking for 1%+ KO could be setting up for a long opportunity.
Looking for a WEEKLY settlement 1%+ above the current confluence of resistance recently broken through.
Next target would be considered at the TEAL full channel extension, 3 - 6 months to complete roughly?
COCA-COLA showing strength but needs to avoid this fractal.The Coca-Cola Company (KO) has been having an impressive non-stop rally ever since the March 10 low as last week it broke above its yearly High. With the 1D RSI approaching the overbought zone of 70.000, exhaustion for this rally may be close. In fact, it resembles the September - November 2020 sequence, as it just flashed a Red Ichimoku, which on the 2020 sequence was a bearish reversal signal.
If the price fails to break the 1.236 Fibonacci extension, be ready for a pull-back that can reach as low as the 1D MA200 (orange trend-line). On the other hand, a closing above the 1.236 Fib, could deliver a rally extension similar to December 2021 - February 2022, that reached as high as the 2.0 Fib extension. On the current sequence, the 2.0 Fib is around $68.50.
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How I Trade Support and ResistanceIn this video made for Best of Us Investors I talk about my most fundamental trading component; trading and investing off Support and Resistance Levels. I also talk about how I combine this with my other fundamental component of 50% Retracement Levels. We look at live examples of NYSE:ZIM and NYSE:KO and look back in history for case studies of NASDAQ:AAPL , NASDAQ:AMZN , and NASDAQ:TSLA to see just how powerful this tool can be for high probability, low drawdown, profitable trades and investment entries!
KO cash secured put sell (The Wheel strat)I have a video coming out later today about KO and a good plan to profit over the next several months. Wanted to get this out ASAP, as it sold down pretty hard on the open. Doing a put sell here looks real good. You could also pick up Jun 2023 options. But with that selling that came in this morning I think it is a good time to get in. Was hoping to get in over the next few days but today also works, haha. Check out the video on the YT channel to see the whole thought process.
$KO Key levels, Analysis & TargetsKO Key levels, Analysis & Targets
The price rose to test the previous resistance.
If the price crosses the resistance ,price will have a chance to continue to rise.
But if the price can't cross the resistance ,price will be lower.
KO: Breakout possibleKO Breakout out possible. good 8% returns. The stock has been consolidating for almost the whole of 2022 to date.
Entry Price: $63.5
Stop Loss: $61.5 (can make it $61.00 as well)
Exit: $68.5
Coke selling off. KOGoals 0.56, 0.49. Invalidation at 0.89.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
KO Coke Cola AnalysisDaily timeframe:
-I like the daily supply zone from where price dropped and broke upward trend lines + removed structure.
-Once price pulls back into the daily supply zone either taking the whole daily supply for a 1:1 or 1.5:1 and taking profits or moving SL to BE.
-Once price pulls back into the daily supply, go down to a lower timeframe like 1min-5min and wait for selling setups with 3x confirmation.
#supplyanddemand #stocks
Inverse Head and Shoulders Pattern on Coca-Cola (KO)It was difficult to find this Pattern on stock
This is a Reverse Pattern: previous downtrend, H&S Pattern and then it started to go up, beginning a bullish trend. The green line is the height between the neck and the head, indicating a possible price to take profits.
$KO with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $KO after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 85.71%.
Coca-Cola May Recover Over Next 2 WeeksBased on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on March 11, 2022 with a closing price of 58.72.
If this instance is successful, that means the stock should rise to at least 59.02 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 1.5345% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 2.719% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 4.30% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well.
The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 40 trading bars after the signal. A 0.5% rise must occur over the next 40 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 14.0 trading bars; half occur within 26.5 trading bars, and one-quarter require at least 36.5 trading bars.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
KO - Case for ShortPrice ran above the Feb 24, 2020 high but struggled to maintain upward momentum. From the price action seen outlined in the yellow box, it appears the institutions have been distributing their holdings since the beginning of the year.
Selloff prior to the move lower is in the form of profit taking above the 60$ price level before the advent of the war in Ukraine and far before announcing KO will be shuttering their business in Russia due to the ongoing war.
I anticipate the price to remain on the heavy side with possible reach for the equal lows at 52.20 price level.
HigherThere is still a bit of an upside for KO to go but if you are long and sitting on a nice profit, you may consider to take some profits at the upper level of the channel ! Just my opinion :)
Coca Cola (KO) at SupportCoca Cola NYSE:KO has pulled back to a 50% Retracement from the December low to the recent March high. I am fundamentally still bullish on Consumer Staples via Sector Rotation theory. Since Implied Volatility is high I will do a combination of bullish methods with divided risk to express this trade:
Long Shares
May 62.5 Calls
May 55/52.5 Put Credit Spread (to offset IV)
$KO Key levels, Analysis & TargetsKO Key levels, Analysis & Targets
Time frame D1 Bearish Divergences in MACD & RSI Indicator
fighting the trend with consumer goods (KO)cocacola is moving counter to thr broader market trend, and im looking for this to continue in the first part of this week. i imagine that after the gap close and ending up at the highs we continue up a little.
KO Possible Target 56.27Coke is overbought and a pullback is due. Looking for KO to pullback to 56.27.
KO: Coca-Cola Bullish trend to continueKO has a strong bullish sentiment with both short and medium term time frames as shown by the blended candles. The price bounced off 20 DMA yesterday. An with strong earnings, initiated a position pre-market. Could have done better price wise but I think this will continue to trend up for a short to medium term.
