Coca-cola Enterprises $CCE Technical Update – Stock Traders Daily

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Coca-cola Enterprises $CCE Technical Update

The Coca-cola Enterprises (NYSE: CCE) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for CCE, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term → Near Mid Long
Bias Strong Neutral Neutral
P1 43.35 41.47 38.76
P2 44.56 43.10 41.67
P3 45.56 44.76 44.61

Long Term Trading Plans for CCE

September 13, 2018, 10:30 pm ET

The Technical Summary and Trading Plans for CCE help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CCE Report.

CCE – (Long) Support Plan

Buy over 44.61 target n/a stop loss @ 44.35.
The technical summary data tells us to buy CCE near 44.61, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 44.35 to protect against excessive loss in case the stock begins to move against the trade. 44.61 is the first level of support below 45.38, and by rule, any test of support is a buy signal. In this case, if support 44.61 is being tested, a buy signal would exist.

CCE – (Short) Resistance Plan

There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

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