Coca Cola (KO) looks like a good opportunity, the chart broke | Stock Market Analysis
Coca Cola (KO) looks like a good opportunity, the chart broke out of the triangle. Now the chart is trying to stay above the new support line (looks like the new support is holding now)... I would put SL - 1.2 ATR below the support line. Remember, consolidation after a breakout is a good point to enter. (It’s even stronger when the consolidation happens after a breakout of a pattern).
(This post is only an opinion and made for learning, THIS IS NOT A TRADE ADVICE.)
This channel exists in order to share my opinions and analysis on the stock market. My purpose is to make the posts easy to read and easy to understand....
