Coca-Cola Trading Analysis (04/04/2024)
The trend is ascending. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold state.
Trading idea:
Buy when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of the downward truncated structure.
Stop-Loss at 59.77.
Target price levels at 60.80 and 61.40.
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