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KO Elliott Wave Analysis Trading Lounge Daily Chart, 30 January 2024

The Coca-Cola Company, (KO) Daily Chart

KO Elliott Wave Technical Analysis

FUNCTION: Trend

MODE: Impulse

STRUCTURE: Wave 3 of (1).

POSITION: Minor wave 3 of Intermediate (3).  

DIRECTION: Upside into wave 3.

DETAILS: Looking for further upside into wave 3 as we seem to have completed a three wave move into primary wave 2.

Analyst: Alessio Barretta

KO Elliott Wave Analysis Trading Lounge 4Hr Chart, 30 January 2024

The Coca-Cola Company,(KO) 4Hr Chart

KO Elliott Wave Technical Analysis

FUNCTION: Trend

MODE: Impulse

STRUCTURE: Wave {ii} of 3.

POSITION: Minute wave {iii} of 3.

DIRECTION: Upside into wave {iii}.

DETAILS: Looking for upside into wave {iii}, and we’ll be looking for longs into wave {iii} after a break of wave (b) and a CTLP on 60$.

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