(COKE) Long Term Investment Analysis

November 11, 2024, 10:50 am ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for COKE

• Buy COKE near 1166.01 target 1289.37 stop loss @ 1162.64 Details

The technical summary data tells us to buy COKE near 1166.01 with an upside target of 1289.37. This data also tells us to set a stop loss @ 1162.64 to protect against excessive loss in case the stock begins to move against the trade. 1166.01 is the first level of support below 1237.7 , and by rule, any test of support is a buy signal. In this case, support 1166.01 would be being tested, so a buy signal would exist.

• Short COKE slightly under 1289.37, target 1166.01, stop loss @ 1293.09 Details

The technical summary data is suggesting a short of COKE as it gets near 1289.37 with a downside target of 1166.01. We should have a stop loss in place at 1293.09though. 1289.37 is the first level of resistance above 1237.7, and by rule, any test of resistance is a short signal. In this case, if resistance 1289.37 is being tested, so a short signal would exist.

Swing Trading Plans for COKE

• Buy COKE slightly over 1289.37, target 1416.4, Stop Loss @ 1285.65 Details

If 1289.37 begins to break higher, the technical summary data tells us to buy COKE just slightly over 1289.37, with an upside target of 1416.4. The data also tells us to set a stop loss @ 1285.65 in case the stock turns against the trade. 1289.37 is the first level of resistance above 1237.7, and by rule, any break above resistance is a buy signal. In this case, 1289.37, 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 1289.37, target 1197.51, Stop Loss @ 1293.09. Details

The technical summary data is suggesting a short of COKE if it tests 1289.37 with a downside target of 1197.51. We should have a stop loss in place at 1293.09 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, 1289.37, 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 1289.37, target 1416.4, Stop Loss @ 1286.36 Details

If 1289.37 begins to break higher, the technical summary data tells us to buy COKE just slightly over 1289.37, with an upside target of 1416.4. The data also tells us to set a stop loss @ 1286.36 in case the stock turns against the trade. 1289.37 is the first level of resistance above 1237.7, and by rule, any break above resistance is a buy signal. In this case, 1289.37, 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 1289.37, target 1232.01, Stop Loss @ 1292.38. Details

The technical summary data is suggesting a short of COKE if it tests 1289.37 with a downside target of 1232.01. We should have a stop loss in place at 1292.38 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, 1289.37, 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 November 11:

Term →	Near	Mid	Long
Rating	Strong	Weak	Strong
P1	0	0	1166.01
P2	1211.22	1110.2	1289.37
P3	1232.01	1197.51	1416.4

AI Generated Signals for COKE

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

Technically, Coca-cola Consolidated Inc. (NASDAQ: COKE) provides opportunities for traders who are watching the price of the stock oscillate over time.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for COKE change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if COKE is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for COKE too.  All of these are offered below the Summary Table.