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.

#cocacola #stock #stockstrading #tradersroom #daytradingpatterns #forexexpertadvisor