20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Coca-Cola Co (NYSE:KO) is trading higher Wednesday morning after the company announced better-than-expected financial results.
Coca-Cola reported second-quarter earnings of 68 cents per share, which beat the estimate of 55 cents per share. The company reported quarterly revenue of $10.1 billion, which beat the estimate of $9.25 billion. Coca-Cola said it expects full year 2021 organic revenue growth of 12% to 14%.
“Our results in the second quarter show how our business is rebounding faster than the overall economic recovery, led by our accelerated transformation. As a result, we are encouraged and, despite the asynchronous nature of the recovery, we are raising our full year guidance,” said James Quincey, chairman and CEO of Coca‑Cola.
Coca-Cola is the largest nonalcoholic beverage company in the world.
Price Action: Coca-Cola is making a new 52-week high in premarket trading today.
At last check Wednesday, the stock was up 1.59% at $56.72.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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