Coca-Cola's Bull Run Intensifies: Pole & Flag Breakout Expected!

  • The chart shows that the stock price encountered resistance near the $65 level, subsequently dropping to $52, where it found support.
  • After rebounding from this support, the price began to rise, successfully breaking through the Inverted Head & Shoulders pattern that had formed during the consolidation phase.
  • Following this breakout, the price entered another consolidation period, created an Ascending Triangle Pattern.
  • With another breakout, the stock price surged to an all-time high of $73.5 before experiencing a pullback.
  • A bullish Pole & Flag pattern has emerged on the chart, signaling a potential continuation of the upward trend.
  • It is expected that the price will break through this pattern and reach new highs in the near future.
Chart Patternscoca-colacocacolabuyTechnical IndicatorsnaranjcapitalnasdaqnysestocksanalysistradingideasTrend Analysisusstockmarketusstocks

🌐 naranjcapital.com
🎖️ CMT (usa) & CFTe (usa) chartered

🇺🇸 Telegram - USA Stocks Trading Advice
t.me/Naranj_USA

🇸🇦 Telegram - Saudi Stocks Trading Advice
t.me/Naranj_KSA

🤝 Contact Us
bio.link/NaranjCapital
Aussi sur:

Publications connexes

Clause de non-responsabilité