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CCE Growth & Income Trade Update

Nice 4% recovery so far today following the gap down in CCE at the open today with the stock going from a 2% loss to a 2% gain in short order & keeping the bullish reversal pattern on the daily time frame intact for now. With the PPO & MACD on the daily time frame now clearly pointing up, thereby confirming the recent divergent low, the CCE growth & income trade looks even more likely to be heading higher in the coming months.

Coca-Cola European Partners Provides 2017 Business Update and Full-Year 2016 Outlook

1-minute & daily charts of CCE:

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One Comment

  1. roguetraderone December 15, 2016 12:52 pm at 12:52 pm

    Went in a few days after it became an official trade. I hope to hold till 34 at least but longer if it make sense. I need to look at shorting X again too (wish I had plowed my shorting gains on the long side) when that becomes a short. Watching AMD as well. Thanks for the ideas!

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