Je_Buurman

Coke dripping out of its channel

Je_Buurman Uppdaterad   
NYSE:KO   Coca-Cola Company (The)
Looks to me as if Coke does the opposite of what it did 1998 to 2006.

Spiked (pun intended) during last 'recession' (2008)

The widening rising channel suggests drinking water this time.

Maybe Cuba-libre afterwards ?
Kommentera:
Jokes aside, I wouldn't be surprised if Coke actually went up 2019/2020.
If there's going to be another recession like 2008 (or worse), most stocks will get dumped (if they aren't already).
Where will they seek refuge? In a commodity which is always needed.
Food, Oil, Gold etc.. look at those, they all peaked in 2008 and got dumped 2009.
Kommentera:
:)
Kommentera:
nice
both sides 'been served

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