CCL 0.00% $13.30 coca-cola amatil limited

@Saragian Zoom in a bit and there is a very neutral flag (green)...

  1. 6,131 Posts.
    lightbulb Created with Sketch. 2828
    @Saragian Zoom in a bit and there is a very neutral flag (green) which will resolve in mid Aug.https://hotcopper.com.au/data/attachments/2262/2262124-3ecfe1b688d5848694f4deb0472bfe44.jpg
    The Bollinger says there is a good chance at $8.37 top up. RSI of 43 is still not in the oversold territory for me, below 35 and I'm definitely buying more. A break above the the 50 EMA $9 and holding is a good sign we are breaking to the upside on that neutral flag.
    https://hotcopper.com.au/data/attachments/2262/2262153-d73fcd6a8c7f73ffee205d21b37c65b9.jpg
    Current trend looks bad and the technical says neutral but from 20+ years experience CCL is explosive a couple of months after a market crash. This is when it's defensive nature really shows...
    Last edited by Exised: 30/06/20
 
watchlist Created with Sketch. Add CCL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.