SLOPolarBear

KO - Potential Head and Shoulders

NYSE:KO   Coca-Cola Company (The)
This stock tends to trail the index by a couple days. Look for rotation into this stock over the next few days to form our right shoulder with a potential pullback and break of the neckline. After examining market indexes over the past week, we're shaping up to see a bit more red, even after that doozy of a red candle printed on the SPX today. As a long-term investor of KO I'm hoping that this turns out to be a megaphone pattern, but since I stood on the milk crate last week and advocated LONG positions @ 48.50, I'd be doing a disservice if I didn't point out what I'm seeing now. Cheers!
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.