KO – The Coca-Cola Company Elliott Wave analysis [Video]

Peter Mathers TradingLounge

KO – The Coca-Cola Company Elliott Wave analysis

Function: Trend.
Mode: Impulsive.
Structure: Motive.
Position: Wave 3.
Direction: Acceleration in wave 3.
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

Function: Trend.
Mode: Impulsive.
Structure: Motive.
Position: Wave {iii} of 3.
Direction: Upside in wave {iii}.
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]

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

EUR/USD trades with negative bias around 1.1730 amid recovering USD; downside seems limited

The EUR/USD pair kicks off the new week on a softer note, though it remains within striking distance of the highest level since early October, touched last Thursday. Spot prices currently trade around the 1.1730 region, down less than 0.10% for the day.

GBP/USD holds steady above mid-1.3300s as traders await key data and BoE this week

The GBP/USD pair remains on the defensive during the Asian session on Monday, though it lacks bearish conviction and holds above the 200-day Simple Moving Average pivotal support. Spot prices currently trade around the 1.3360 region, nearly unchanged for the day.

Gold regains traction toward $4,350 in the final full week of 2025

Gold price picks up bids once again toward $4,350 in Asian trading on Monday. The precious metal extends its upside to the highest since October 21 amid the prospect of interest rate cuts by the US Federal Reserve next year. The delayed US Nonfarm Payrolls report for October will be in the spotlight later on Tuesday.

Week ahead: US NFP and CPI, BoE, ECB and BoJ mark a busy week

After Fed decision, dollar traders lock gaze on NFP and CPI data. Will the BoE deliver a dovish interest rate cut? ECB expected to reiterate “good place” mantra. Will a BoJ rate hike help the yen recover some of its massive losses?

Big week ends with big doubts

The S&P 500 continued to push higher yesterday as the US 2-year yield wavered around the 3.50% mark following a Federal Reserve (Fed) rate cut earlier this week that was ultimately perceived as not that hawkish after all. The cut is especially boosting the non-tech pockets of the market.

Aave Price Forecast: AAVE primed for breakout as bullish signals strengthen

Aave (AAVE) price is trading above $204 at the time of writing on Friday and approaching the upper boundary of its descending parallel channel; a breakout from this structure would favor the bulls.