CFD Trading – Sell Coca Cola Co. (KO.NYS) @$54.45. Stop @ $55.95 and Target @ $51.60.

Coca Cola Company Stock Code KO.NYS


Since price broke above the cloud in middle of March 2021, it had stayed above the cloud. In the previous trading session, price broke and closed below the cloud, changing the trend from bullish to bearish. Price also broke below an 8-month uptrend line. Conversion line and Base line had a bearish crossover and is hinting of a bearish price trend ahead. Lagging Span is below price of 26 days ago but is above the cloud at the moment.  MACD is bearish with both its lines below the zero line. If price is unable to move above the cloud, it could be heading towards the support at $51.60


$54.45                Sell

$51.60                Price Target

$55.95                Risk Management Stop

2 weeks              Trade Duration

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