$KO TOP 20
Added 2023-05-14 20:02:05 +0000 UTCPrice has pulled back since the earnings and continues to move down and we want to see an ABC structure now, so far I believe we are still in Subwave A, my only concern here is that we are in Subwave 4 now and not the ABC count after completing 5 Waves.
The Subwave 4 was still very short to me. That being said, the MACD and RSI are certainly showing that the impulse wave is complete and it's been pulling back since getting overbought and over extended.
So What Now?
If this can continue to pull back and complete the ABC count, I think this is a good position to add for more controlled upside. This is not a fast mover so this would suit a lot of people, it's especially suitable for people who like to hold money in stocks as they wait for other targets to hit.....so this should suit our members a lot.
