Wysiwyg
Everyone wants money
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One bar up doesn't make a trend change.
CCL - Coca-Cola Amatil
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If the recent change in sentiment can maintain itself. CCL may even fill the previous gap down. (from 10.88) seen on daily chart
Expanding into Indonesian must not be a bad thing.
Weekly chart looking good
*Volume on gap up (Daily chart)
*Pos Divergence
Moving today ....
Looking like a good position "TPI"
Expanding into Indonesian must not be a bad thing.
Weekly chart looking good
*Volume on gap up (Daily chart)
*Pos Divergence
Moving today ....
Looking like a good position "TPI"
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Sorry, missed this one Fri. The chart shows the high close to a new high with above ave volume, that I like.
Damn, and I drink the main product too.
Damn, and I drink the main product too.
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This is my take on CCL since there has been mostly short term analysis on it here and elsewhere and since my initial post here :
https://www.aussiestockforums.com/forums/showthread.php?t=29451
In the larger picture CCL has been through a severe bear trend, a basing period which commenced in April 2014 through around January of this year and is now in the early stages of a bull run/decent run up. I bought the break out at $9.40 as per the reasoning in the above mentioned post.
This week when the ascending triangle breakout failed to proceed in a timely manner to its measured target at around $11.30 I drew in the resistance line just under $11.00. This looks very formidable. Whilst the overall upward momentum still remains intact I would not be surprised to see some range bound trading for a while. I am maintaining a trailing stop (based on ATR) as per my original trading plan, which is currently around $10.40. A break below $10.00 would certainly be bearish.
https://www.aussiestockforums.com/forums/showthread.php?t=29451
In the larger picture CCL has been through a severe bear trend, a basing period which commenced in April 2014 through around January of this year and is now in the early stages of a bull run/decent run up. I bought the break out at $9.40 as per the reasoning in the above mentioned post.
This week when the ascending triangle breakout failed to proceed in a timely manner to its measured target at around $11.30 I drew in the resistance line just under $11.00. This looks very formidable. Whilst the overall upward momentum still remains intact I would not be surprised to see some range bound trading for a while. I am maintaining a trailing stop (based on ATR) as per my original trading plan, which is currently around $10.40. A break below $10.00 would certainly be bearish.
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Wysiwyg
Everyone wants money
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CCL Australia trying different colour, size and sugar hit to encourage product consumption. I went grocery shopping at Woolies this morning and the softdrink shelves were full with cartons stacked in the aisle as well. In my opinion there is definitely a move away from sugary drinks at present but this is a cyclical consumer thing.
So_Cynical
The Contrarian Averager
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Enjoying a ZICO Coconut water the other day, while reading the packaging was surprised and happy to see that the product is 100% sugar free, packaged sold by Coca-Cola Amatil.
Coke is more than just sugary drinks, has been that way for quite a while.
http://en.wikipedia.org/wiki/ZICO_(beverage)
Value Collector
Have courage, and be kind.
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As a Berkshire Hathaway share holder, I indirectly hold shares in the Coca cola company, so have looked at their businesses, and with Cola products representing more than 70% of sales, Coke won't see growth unless the "soft drink business sees growth, I believe there will be solid growth over the future years though, it will probably stagnate or grow very little in the developed world, but the emerging markets have a lot of space to grow the soft drink market, Eventually the world will add another USA worth of consumers to the category.
Maybe it said no added sugar, because coconut water does contain sugar, I think about 14grams in a 300ml serving.
But there is nothing wrong with sugar anyway.
So_Cynical
The Contrarian Averager
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Added sugar is the only sugar that interests me, the only drink that doesn't have natural sugar is water.
Value Collector
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Coke Zero has zero sugar, so do a lot of other drinks.
cca - something up - price down - inside company is losing a lot of money. jobs going and lots of manufacturing down - sales down ... really bad - some news is evident in new year .. someone big is shorting too so lets see . company had $9 as a target to stay above! so maybe CEO to resign ?
be interesting to see - 3 months research on this BTW
be interesting to see - 3 months research on this BTW
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G'day All
Best wishes to you and good trading in 2016
This is just for a bit of fun, I don't hold nor plan to hold. These are both long term charts set on a monthly view.
Sometimes I can see a clear pattern on a chart pointing in a certain way....and sometimes I can see an equal and opposite pattern on the exact same chart. With CCL this is one of those occasions where I can see as much negative as positive.
On the first chart drawn in Candlesticks I can see a stock which has been traveling in a very long term channel and it is now touching the bottom line of the channel, which in theory should offer a good buying opportunity for future rises.
On the second chart set in EOD for ease of viewing but otherwise the same chart, I can see a fully formed and bearish Head and Shoulders pattern which is right at the point where it could show quite a bit of downside.
I can hear people saying, "Well what is the point of charting? Flip a coin!" I can see their point but if I was going in at this time I would know there is a visible risk and I would know to set my stops to compensate and watch them closely or just not go into the buy until I felt the H&S risk was gone.
Best wishes to you and good trading in 2016
This is just for a bit of fun, I don't hold nor plan to hold. These are both long term charts set on a monthly view.
Sometimes I can see a clear pattern on a chart pointing in a certain way....and sometimes I can see an equal and opposite pattern on the exact same chart. With CCL this is one of those occasions where I can see as much negative as positive.
On the first chart drawn in Candlesticks I can see a stock which has been traveling in a very long term channel and it is now touching the bottom line of the channel, which in theory should offer a good buying opportunity for future rises.
On the second chart set in EOD for ease of viewing but otherwise the same chart, I can see a fully formed and bearish Head and Shoulders pattern which is right at the point where it could show quite a bit of downside.
I can hear people saying, "Well what is the point of charting? Flip a coin!" I can see their point but if I was going in at this time I would know there is a visible risk and I would know to set my stops to compensate and watch them closely or just not go into the buy until I felt the H&S risk was gone.
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Sugary drinks seem to be quite poisonous for the body, according to new research (no, you look it up yourself). I'm noticing soft drink and potato chips are piling up in supermarkets. No buyers.
CCL looks to be in trouble.
CCL looks to be in trouble.
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According to research we did in primary school the past thirty years (coin in Coke). No buyers? I think you're mistaken.
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If people behaved nicely for health then the alcohol and smoker sales would have bottomed down.
Ccl makes coke and other stuff. So even coke has sugar it will be consumed and Ccl would go up.
dont hold
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Good points, but I think it's much more about image than health. Being fat attracts a lot more shame than being a smoker/drinker. There's the onslaught of cooking shows and Jamie Olivers and god-knows-what cooking healthy food. That makes it cool. There's also those fat buster TV shows - a lot of media pressure for correcting fatness, where there's no such pressure for correcting alcohol or nicotine use.
@Always - no buyers? Visit a supermarket. Every week, the sugary drinks and chips are piled up in the "please buy me" sections.
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Of course, they're always on offer to encourage buyers; that doesn't mean they're not selling though - check trolleys and the checkouts, people are definitely buying; they're (CCL) not going anywhere. Remember that soft drinks are the main drink products sold in fast food restaurants, which seem extremely busy (at least in the CBD) whenever I walk by.
I think you underestimate how few people watch TV and those programs.
You can still drink and eat indoors but you can't smoke, they've been relegated to smoking outside as it affects others, whereas being fat does not (well, in terms of passive fatness anyway). I eat crisps and don't get fat, and sometimes drink soft drinks but again, I don't have that issue. Moderation is key for weight, and I can't see this drop being long-term at all - I'm going to buy in as soon as I feel it's hit the bottom.
I think you underestimate how few people watch TV and those programs.
You can still drink and eat indoors but you can't smoke, they've been relegated to smoking outside as it affects others, whereas being fat does not (well, in terms of passive fatness anyway). I eat crisps and don't get fat, and sometimes drink soft drinks but again, I don't have that issue. Moderation is key for weight, and I can't see this drop being long-term at all - I'm going to buy in as soon as I feel it's hit the bottom.
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CCL struggling with anti-sugar sentiment and now can't get (or won't pay for) shelf space in Woolies.
Large supermarkets have been squeezing our farmers for years. Now they're squeezing all producers.
skc
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Since the profit downgrade back in April the negative news flow hasn't abated. I expected more weakness today but it wouldn't surprise me for this to test the key $8 mark before the end of the week.
The supermarkets have been squeezing suppliers for a long time... but Coke used to be able to stand up for itself. It's major battle was against Pepsi's pricing. But now clearly their wholesale customer is also their competitor in categories like bottled water. It will only be a matter of time before we see Mount Franklin being replaced by private label water in the convenience cold fridge near the checkouts.
