KO – The Coca-Cola Company Elliott Wave analysis
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Function: Trend.
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Mode: Impulsive.
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Structure: Motive.
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Position: Wave 3.
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Direction: Acceleration in wave 3.
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Details:
This is the most bullish setup for KO, forecasting a rise into Intermediate wave (3), targeting the $100 level. A breakout to all-time highs (ATH) would confirm strong upside momentum.
The Coca-Cola Company Elliott Wave analysis
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Function: Trend.
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Mode: Impulsive.
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Structure: Motive.
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Position: Wave {iii} of 3.
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Direction: Upside in wave {iii}.
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Details:
Wave {ii} appears complete, and the stock looks ready to move into wave {iii}. However, an alternative view suggests we may have ended wave {b} of 2, implying a potential downward movement instead. A confirmation is required to validate the bullish count.
KO – The Coca-Cola Company Elliott Wave analysis [Video]
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