Coca-Cola from technical analysis point of view
Today we are going to have a look on Coca-Cola $Coca-Cola (KO.US)$ from Technical Analysis point of view.
Besides, we are going to see their earnings report publish today.
Besides, we are going to see their earnings report publish today.
KO is an uptrend stock unless those technologies counter under Nasdaq. But the share price has been going up consistently for approximately a month from 59 to 64 (not even 10%). From the stock chart we could see that the share price is not volatile at all, consequently if we would like to do short-term trading it might not be one of the best choices over there.
But recently the share price has been surged to previous high around 64.5 during December 2022. It has formed triple top earlier. I believe that if today earnings report those not beat consensus then 64 might be a resistance for KO
In a nutshell, I will think that the support level around 60 might be a good entry level if we would like to collect KO for long term.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
182524031 : I'll use it as a reference.
gswew3 : If the new home is in a community with a homeowners association (HOA), understand their rules and regulations. HOA fees can impact your budget and lifestyle. Get more idea here Real Estate & Homes for sale in Greenville, NC - Smith & Associates