Coca-Cola (KO)
A nice bell-weather has closed (2-days now) below the upward recovery trend established in 2009 The BTM.
Add'l OBV has been on a downward trajectory most of 2012, breaking the two uptrends from 2009.
There are fundamental reasons for the decline, 10yr rates are competing with it 2.8% yield and elevated PE ratio.
I beleive that the stock will continue to trend down to a more compelling fundamental level. Doing a little Buffett analysis here, I think the price level between 32 and 34, set the area to pickup more shares. This price level will get you a better 3.3% yield, along with a more traditional 16 PE level. You've got the strong support established in 2011 at $32 level, and you've also got the 2/3 Fib lvl @34.
A good fundamental analysis at:
seekingalpha.com/article/1643652-coca-cola-nears-3-yield-after-pullback
A nice bell-weather has closed (2-days now) below the upward recovery trend established in 2009 The BTM.
Add'l OBV has been on a downward trajectory most of 2012, breaking the two uptrends from 2009.
There are fundamental reasons for the decline, 10yr rates are competing with it 2.8% yield and elevated PE ratio.
I beleive that the stock will continue to trend down to a more compelling fundamental level. Doing a little Buffett analysis here, I think the price level between 32 and 34, set the area to pickup more shares. This price level will get you a better 3.3% yield, along with a more traditional 16 PE level. You've got the strong support established in 2011 at $32 level, and you've also got the 2/3 Fib lvl @34.
A good fundamental analysis at:
seekingalpha.com/article/1643652-coca-cola-nears-3-yield-after-pullback
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.
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.