$KO - SAFE HAVEN -
Added 2024-11-22 19:30:21 +0000 UTCI finished last week with the $KO chart, showing a perfect finish to the week on the red support line.
We can see that $KO has been climbing all week after holding support at $61.50 and will finish the week just below the 200 Day MA.
A flip of this level at $64.50 to support next week and this is certainly attractive as a safe haven.
I expect then a run up to the blue line again at $67.
If the price rejects at the 200 Day MA then I believe this comes back down to the 200 WMA which is exactly at the 0.618 Fib at $60, at this level I will accumulate.
Comments
Looking like add time, update coming?
Ragin_Savant
2024-11-30 14:21:39 +0000 UTCAwesome! Thank you Cap!
Millie Leung
2024-11-23 01:58:48 +0000 UTC
