Coca-Cola is looking really good for a long opportunity. We had a nice break of an ascending triangle formation and it is holding the 200 MA. Positive momentum and the RSI is in a good range. As the tech sector pulls back, I think we will see a nice rotation back into value equities and Coca-Cola is an excellent pick heading into the holiday seasons.
As always, I am not a financial advisor and this is not financial advice. Do your own research and formulate your own theories. Good Luck!
As always, I am not a financial advisor and this is not financial advice. Do your own research and formulate your own theories. Good Luck!