Learn to Evaluate (COKE) using the Charts
December 13, 2024, 12:34 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for COKE
- Buy COKE near 1204.2 target 1327.17 stop loss @ 1200.72 Details
The technical summary data tells us to buy COKE near 1204.2 with an upside target of 1327.17. This data also tells us to set a stop loss @ 1200.72 to protect against excessive loss in case the stock begins to move against the trade. 1204.2 is the first level of support below 1278 , and by rule, any test of support is a buy signal. In this case, support 1204.2 would be being tested, so a buy signal would exist.
- Short COKE slightly under 1327.17, target 1204.2, stop loss @ 1331 Details
The technical summary data is suggesting a short of COKE as it gets near 1327.17 with a downside target of 1204.2. We should have a stop loss in place at 1331though. 1327.17 is the first level of resistance above 1278, and by rule, any test of resistance is a short signal. In this case, if resistance 1327.17 is being tested, so a short signal would exist.
Swing Trading Plans for COKE
- Buy COKE slightly over 1292.27, target 1327.17, Stop Loss @ 1288.54 Details
If 1292.27 begins to break higher, the technical summary data tells us to buy COKE just slightly over 1292.27, with an upside target of 1327.17. The data also tells us to set a stop loss @ 1288.54 in case the stock turns against the trade. 1292.27 is the first level of resistance above 1278, and by rule, any break above resistance is a buy signal. In this case, 1292.27, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short COKE slightly near 1292.27, target 1263.78, Stop Loss @ 1296. Details
The technical summary data is suggesting a short of COKE if it tests 1292.27 with a downside target of 1263.78. We should have a stop loss in place at 1296 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 1292.27, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for COKE
- Buy COKE slightly over 1286.23, target 1292.27, Stop Loss @ 1283.23 Details
If 1286.23 begins to break higher, the technical summary data tells us to buy COKE just slightly over 1286.23, with an upside target of 1292.27. The data also tells us to set a stop loss @ 1283.23 in case the stock turns against the trade. 1286.23 is the first level of resistance above 1278, and by rule, any break above resistance is a buy signal. In this case, 1286.23, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short COKE slightly near 1286.23, target 1271.34, Stop Loss @ 1289.23. Details
The technical summary data is suggesting a short of COKE if it tests 1286.23 with a downside target of 1271.34. We should have a stop loss in place at 1289.23 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 1286.23, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Coca-cola Consolidated Inc. (COKE) available here: COKE.
COKE Ratings for December 13:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Strong |
| P1 |
0 |
0 |
1204.2 |
| P2 |
1271.34 |
1263.78 |
1327.17 |
| P3 |
1286.23 |
1292.27 |
1454.46 |
AI Generated Signals for COKE
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Coca-cola Consolidated Inc. (NASDAQ: COKE) report below can help you understand how to do this. The trading plans for COKE, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for COKE:
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