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The Coca-Cola Company Message Board

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  • paulstortz paulstortz Aug 24, 2012 4:14 PM Flag

    coke breaking support next $36

    Never short a stock when volume is below average, or you'll get burned. It will go back. RSI indicator is at 25, which means it is oversold.

    If you bought at a RSI of 25, and sold at a RSI of 80, you would win 86.54% of the time. The 13.46% of the loses were due to global recession. With the FED in the way, this won't happen until at least after the election.

    Couple that with the stock split, and this baby is going places.

    But we already knew that. KO is a good investment.

 
KO
40.08-0.27(-0.67%)Mar 27 4:01 PMEDT