The post Coca-Cola is attacking all-time highs appeared on BitcoinEthereumNews.com. Coca-Cola (KO) is basically one of the most famous drink brands in the world. It started in the late 1800s in the U.S., and over time, it turned into a huge global company. They’re known for their classic Coke, but they also make tons of other drinks—juices, waters, teas, and even energy drinks. From an Elliott wave perspective, we can see it trading in a new five-wave impulse within wave C of V of a larger ending diagonal / wedge pattern towards new all-time highs, so more upside can be seen within subwave (3). In the meantime, just watch out for a subwave (4) pullback before a bullish continuation for the final subwave (5) of C of V. COCA-COLA Daily Chart After that gap up, Coca-Cola filled that gap as expected and then turned higher and broke above 71.77 resistance. So the wave structure remains bullish, and we could still see a push to new highs, as wave C — possibly the final leg of an ending diagonal — may target the 76–78 area. So latest retracement toward 68 might have been just a temporary setback; ideally, wave two and the bulls are now ready for new highs.  We remain bullish as long as the price stays above 66. Highlights: Trend: Bullish (wave C continuation in w. 5).Support: 71, 68, 66.Resistance: 74, 78. Note: Bullish above 66,  watching for wave C resumption towards new highs.  Get Full Access To Our Premium Elliott Wave Analysis For 14 Days. Click here. Source: https://www.fxstreet.com/news/coca-cola-is-attacking-all-time-highs-202511281103The post Coca-Cola is attacking all-time highs appeared on BitcoinEthereumNews.com. Coca-Cola (KO) is basically one of the most famous drink brands in the world. It started in the late 1800s in the U.S., and over time, it turned into a huge global company. They’re known for their classic Coke, but they also make tons of other drinks—juices, waters, teas, and even energy drinks. From an Elliott wave perspective, we can see it trading in a new five-wave impulse within wave C of V of a larger ending diagonal / wedge pattern towards new all-time highs, so more upside can be seen within subwave (3). In the meantime, just watch out for a subwave (4) pullback before a bullish continuation for the final subwave (5) of C of V. COCA-COLA Daily Chart After that gap up, Coca-Cola filled that gap as expected and then turned higher and broke above 71.77 resistance. So the wave structure remains bullish, and we could still see a push to new highs, as wave C — possibly the final leg of an ending diagonal — may target the 76–78 area. So latest retracement toward 68 might have been just a temporary setback; ideally, wave two and the bulls are now ready for new highs.  We remain bullish as long as the price stays above 66. Highlights: Trend: Bullish (wave C continuation in w. 5).Support: 71, 68, 66.Resistance: 74, 78. Note: Bullish above 66,  watching for wave C resumption towards new highs.  Get Full Access To Our Premium Elliott Wave Analysis For 14 Days. Click here. Source: https://www.fxstreet.com/news/coca-cola-is-attacking-all-time-highs-202511281103

Coca-Cola is attacking all-time highs

2025/11/28 20:43

Coca-Cola (KO) is basically one of the most famous drink brands in the world. It started in the late 1800s in the U.S., and over time, it turned into a huge global company. They’re known for their classic Coke, but they also make tons of other drinks—juices, waters, teas, and even energy drinks.

From an Elliott wave perspective, we can see it trading in a new five-wave impulse within wave C of V of a larger ending diagonal / wedge pattern towards new all-time highs, so more upside can be seen within subwave (3). In the meantime, just watch out for a subwave (4) pullback before a bullish continuation for the final subwave (5) of C of V.

COCA-COLA Daily Chart

After that gap up, Coca-Cola filled that gap as expected and then turned higher and broke above 71.77 resistance. So the wave structure remains bullish, and we could still see a push to new highs, as wave C — possibly the final leg of an ending diagonal — may target the 76–78 area. So latest retracement toward 68 might have been just a temporary setback; ideally, wave two and the bulls are now ready for new highs.  We remain bullish as long as the price stays above 66.

Highlights:

Trend: Bullish (wave C continuation in w. 5).
Support: 71, 68, 66.
Resistance: 74, 78.

Note: Bullish above 66,  watching for wave C resumption towards new highs. 


Get Full Access To Our Premium Elliott Wave Analysis For 14 Days. Click here.

Source: https://www.fxstreet.com/news/coca-cola-is-attacking-all-time-highs-202511281103

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.