Ever since Warren Buffett had invested in Coca-Cola since 1980.. the price has been escalating linearly until a top at June 1998 which coincide with Asian financial crisis.
Unfortunately, for those who invested in Coca-cola ever since, the capital gain was not impressive at all besides the dividends.
After almost 16 years, Coca-cola again began this consolidation phase at around 40.0 USD as early as 2012. While a peek at both MACD and RSI divergence depict some worrying sign. For confirmation of short position, RSI has to dip below 50, and MACD below 0.
Unfortunately, for those who invested in Coca-cola ever since, the capital gain was not impressive at all besides the dividends.
After almost 16 years, Coca-cola again began this consolidation phase at around 40.0 USD as early as 2012. While a peek at both MACD and RSI divergence depict some worrying sign. For confirmation of short position, RSI has to dip below 50, and MACD below 0.
