$KO Breaking Above Weekly TL & Promising Financials

8 oct 2015

KO has broken above a weekly TL & is above it's pre-China crisis stock price (which is more than can be said for many stocks). It's also consistently increased it's annual revenue, as can be seen here; finance.yahoo.com/q/is?s=KO+Income+Statement&annual.

KO obviously has buyer interest and I will be adding to my previous position of $38.5, over the next few days. As with all of my trades, this is a longer term trade (Several years) and I have no immediate plan as far as taking profit goes.

As a bonus KO has a dividend yield %3.14, which I feel makes it a good position for both yield & growth.

As a personal note, it's not as if Coca Cola won't be here in a few years, so I feel quite happy stocking up at levels :)