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PeakTrader.com Economics, Portfolio Optimization, and Technical Analysis
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arthur Guest
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Posted: Mon Nov 29, 2004 8:19 pm Post subject: KO chart |
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KO is a multinational consumer non-cyclical stock, which may benefit from the weaker dollar and perform better than other stocks when interest rates rise. KO is also a "Dog of the Dow." So, it may outperform most other Dow stocks. Both RSI and MACD are in uptrends and Money Flow is positive. KO also has gaps to close at 42 1/2 and 48. Moreover, KO has been making higher highs and higher lows recently. So, the return to risk ratio may be excellent over the next year.
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