KO Millennials are not too thirsty for Coca-Cola

While carbonated soft drink volumes fell in the U.S. in 2016 for the 12th consecutive year. The Consumption of Diet Coke dropped 4.2%, compared to its rival PepsiCo Inc, Diet Pepsi that declined around 9%. However Coca-Cola's own numbers show a 4% decline in Diet Coke's volume in U.S. which it means the reason why this company is always trying new formulas to keep a green and healthy product. But for these days Millennials who really are looking for green and healthy products, makes complicated Coca-Cola's job. Perhaps this company is appealing for good old times, so old investors sometimes prefer to push the price to $48.90 and $50 while they're drinking a coke... with sugar.


Have a Good Trading Week.

Cream Live Trading, Best Regards!

עסקה פעילה:

Still active and target is just matter of time.

Have a Good Trading Week.

Cream Live Trading, Best Regards!

העסקה בוטלה באופן ידני:

After close the half of long position at 48.40, the other half we close and change plan for it.

Stay tuned to know what's coming next for this share.

Learn how to beat the market as Professional Trader with an ex insider!

Have a Good Trading Week

Cream Live Trading, Best Regards!