The_Cannalyst

COCA-COLA: Buying Wave ahead?

Long
The_Cannalyst Updated   
NYSE:KO   Coca-Cola Company (The)
25
The last 3 tradingsessions, Coca Cola fighted withe the present downtrend which began in April this Year. With the yesterdays Close, this shortterm trend could be defeated. This could be the first step of a resumption of the maintrend (since Sept 15).

A shortterm longsignal is given, when Coca Cola > 45,9$ (the last valid yellow "2") --> TP 47,10$
A longterm longsignal is given when Coca-Cola > 47,2$ (the last valid green "2") --> TP 50$

Prices below the last "3?" will generate a shortsignal with TPs: 43$/41.5$

For further Information about 1-2-3 trading , please have a look at
Good luck!
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