mattlowden

$KO Breaking Above Weekly TL & Promising Financials

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NYSE:KO   Coca-Cola Company (The)
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KO has broken above a weekly TL & is above it's pre-China crisis stock price (which is more than can be said for many stocks). It's also consistently increased it's annual revenue, as can be seen here; finance.yahoo.com/q/is?s=KO+Incom...

KO obviously has buyer interest and I will be adding to my previous position of $38.5, over the next few days. As with all of my trades, this is a longer term trade (Several years) and I have no immediate plan as far as taking profit goes.

As a bonus KO has a dividend yield %3.14, which I feel makes it a good position for both yield & growth.

As a personal note, it's not as if Coca Cola won't be here in a few years, so I feel quite happy stocking up at levels :)

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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.