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The Coca-Cola Company (KO:NYSE) Elliott Wave Technical Analysis 8 January 24

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The Coca-Cola Company, Elliott Wave Technical Analysis

The Coca-Cola Company, (KO:NYSE): 4h Chart 8 January 24

KO Stock Market Analysis: We are looking at a potential five wave move completed into wave 1 and we are now seeing continuation higher as big tech are losing ground and momentum seems to be rotating into the consumer sector.  

KO Elliott Wave Count: Wave {ii} of 3.  

KO Technical Indicators: 20EMA as support.

KO Trading Strategy: Looking for longs after a Trading Level Pattern on 60$.  

TradingLounge Analyst: Alessio Barretta







The Coca-Cola Company, KO: 1-hour Chart 8 January 24

The Coca-Cola Company, Elliott Wave Technical Analysis KO Stock Market Analysis: Looking at what seems to be a sharp three wave move into wave {ii}, being aware we could correct lower.  

KO Elliott Wave count:  Wave {ii} of 3.  

KO Technical Indicators: 20EMA as resistance.

KO Trading Strategy: Looking for longs after a Trading Level Pattern on 60$.




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