Hi Shoppers,

Looks like a really nice doji has formed Thursday in Coca Cola (Ticker: KO):

The low of the day traded right down to my support level at $60.

Remember a doji can signal a change in trend and KO has been in a super quick down trend since May 15th with nine consecutive down days taking it down around four bucks.

Always wait for the confirmation.

Meaning before you hop into any calls, wait for KO to open and trade higher for at least an hour this morning.

I think it can trade back up to $61.25 and on to $62.25.

Trade Review

The doji in Walmart (Ticker: WMT) did not pan out and if you waited for the confirmation, you didn’t get one so no trade was made.

Keep an eye on it though, as Thursday may be a hammer. Wait for the confirmation!

Thanks for Reading … See You Next Tuesday,

Licia Leslie