Coca-Cola Company (The)
Short
Updated

KO: Underperforming the market, short to 42.8

262
KO is very negative here. Looking to short towards the 43 region.
Massive underperformance of the market.
Keep stops above 46.65, or use 1-3 ATR distance.

Good luck if taking this trade.

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Cheers,

Ivan Labrie.
Note
Nice continuation, I think we will see big downside in this overvalued stock.

snapshot
Trade active
snapshot
Note
KO reports tomorrow before the opening bell. I'm in the short, good luck if you took it with me.
See you at 43.
Note
We can cover half...boom!
Trade closed: target reached

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