9 August 2019, Friday
(Click on the Technical Chart Above to Expand)
(Click on the Technical Chart Above to Expand)
Keurig Dr Pepper Inc (NYSE: KDP) came to my mind because Coca-Cola was one of the strongest company within the Dow Jones Industrial Index of 30 component stocks. Indeed, it proved subconscious right that this stock is a must-buy based on the entire sector of similar stocks. The 3 blue circled regions are where 3 fake gap-downs were used for massive accumulation using fear. Fake gap-downs are where there is very strong intention by smart monies to accumulate and rally strongly. More new highs can be basically assured per points 1, 2 and 3 as highlighted on technical chart. $31.00 resistance will break out upwards strongly.
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