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Tuesday 15 October 2013

Buy Coca-Cola @ 37.75- won

Previous signal:
Buy Coca-Cola @ 37.75 (safer) or 38.0 if it stays above, for 30 minutes expiration
Coca-Cola is rebounding @ 37.75 instead of 38.0, 2nd rebound might be at 38.0 if it's strong enough to go higher

Result: won
Coca-Cola expired @ 38.075 at 10:30am EDT
Best entry point after 38.0 would be @ 38.03 at 10:14am

It's also worth noting that it started to fail just after 10:30am & 38.0 turned into a resistance later
Still, it wasn't safe to sell as it reported higher profits today


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