Technically Speaking
Coming up on the support level at 41.00 and the 200 WMA. A break below possible exposes the next level of demand at 37.00
The stock has only closed below the 200 WMA for a few weeks in 2015. Before that, you have to go all the way back to 2010 to find a period of sustained trading under the 200 WMA.
Always know why you are buying a stock or any investment for that matter?
Is it a swing trade?
A long-term hold?
Are you buying for the dividend? Speaking of dividends, the current div yield on KO is 3.37% To get a sense of how safe the div is, here is a link to the history: www.nasdaq.com/symbo.../ko/dividend-history
Even though I lean technical, I always like to know what I am buying. You never know, maybe you will have an insight into one of these companies and you will choose to hold on. Good things tend to happen when you hold onto winning trades over the long run. Eventually you will catch fat tail and move up a level in the trading world.
Coming up on the support level at 41.00 and the 200 WMA. A break below possible exposes the next level of demand at 37.00
The stock has only closed below the 200 WMA for a few weeks in 2015. Before that, you have to go all the way back to 2010 to find a period of sustained trading under the 200 WMA.
Always know why you are buying a stock or any investment for that matter?
Is it a swing trade?
A long-term hold?
Are you buying for the dividend? Speaking of dividends, the current div yield on KO is 3.37% To get a sense of how safe the div is, here is a link to the history: www.nasdaq.com/symbo.../ko/dividend-history
Even though I lean technical, I always like to know what I am buying. You never know, maybe you will have an insight into one of these companies and you will choose to hold on. Good things tend to happen when you hold onto winning trades over the long run. Eventually you will catch fat tail and move up a level in the trading world.
