Learn to Evaluate Coca-cola Consolidated Inc. ($COKE) using the Charts
November 30, 2023, 00:30 am ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for COKE
- Buy COKE slightly over 710.68 target 768.69 stop loss @ 708.63 Details
The technical summary data tells us to buy COKE near 710.68 with an upside target of 768.69. This data also tells us to set a stop loss @ 708.63 to protect against excessive loss in case the stock begins to move against the trade. 710.68 is the first level of support below 725.78 , and by rule, any test of support is a buy signal. In this case, support 710.68 is being tested, a buy signal would exist.
- Short COKE slightly under 768.69, target 710.68, stop loss @ 770.91 Details
The technical summary data is suggesting a short of COKE as it gets near 768.69 with a downside target of 710.68. We should have a stop loss in place at 770.91though. 768.69 is the first level of resistance above 725.78, and by rule, any test of resistance is a short signal. In this case, if resistance 768.69 is being tested, a short signal would exist.
Swing Trading Plans for COKE
- Buy COKE slightly over 743.22, target 768.69, Stop Loss @ 741.07 Details
If 743.22 begins to break higher, the technical summary data tells us to buy COKE just slightly over 743.22, with an upside target of 768.69. The data also tells us to set a stop loss @ 741.07 in case the stock turns against the trade. 743.22 is the first level of resistance above 725.78, and by rule, any break above resistance is a buy signal. In this case, 743.22, 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 743.22, target 724.97, Stop Loss @ 745.37. Details
The technical summary data is suggesting a short of COKE if it tests 743.22 with a downside target of 724.97. We should have a stop loss in place at 745.37 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, 743.22, 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 743.22, target 768.69, Stop Loss @ 741.49 Details
If 743.22 begins to break higher, the technical summary data tells us to buy COKE just slightly over 743.22, with an upside target of 768.69. The data also tells us to set a stop loss @ 741.49 in case the stock turns against the trade. 743.22 is the first level of resistance above 725.78, and by rule, any break above resistance is a buy signal. In this case, 743.22, 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 743.22, target 724.97, Stop Loss @ 744.95. Details
The technical summary data is suggesting a short of COKE if it tests 743.22 with a downside target of 724.97. We should have a stop loss in place at 744.95 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, 743.22, 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 30:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Strong |
| P1 |
0 |
0 |
659.62 |
| P2 |
714.87 |
724.97 |
710.68 |
| P3 |
721.83 |
743.22 |
768.69 |
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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