The Coca-Cola Company (KO) Elliott Wave Technical Analysis – Jan. 8, 2024


Analyst: Alessio BarrettaThe Coca-Cola Company (NYSE:KO) 4h Chart, Monday Jan. 8KO Stock Market Analysis: We are looking at a potential five wave move completed into wave 1 and we are now seeing continuation higher as big tech are losing ground and momentum seems to be rotating into the consumer sector.  KO Elliott Wave Count: Wave {ii} of 3.  KO Technical Indicators: 20EMA as support.KO Trading Strategy: Looking for longs after a Trading Level Pattern on $60.   KO 1-hour Chart – Monday Jan. 8KO Stock Market Analysis: Looking at what seems to be a sharp three wave move into wave {ii}, being aware we could correct lower.  KO Elliott Wave count:  Wave {ii} of 3.  KO Technical Indicators: 20EMA as resistance.KO Trading Strategy: Looking for longs after a Trading Level Pattern on $60.  More By This Author:Elliott Wave Technical Analysis: Texas Instruments Inc. – Wednesday, Dec. 20
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