Coca-Cola Company Trading Analysis (07/03/2024)

The trend is ascending. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator demonstrates the bullish divergence as well.

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  59.33.

Target price levels at  60.62 and 61.40.

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