Coca-Cola Consolidated: fresh buy signal at elevated risk

Coca-Cola Consolidated opens a fresh buy signal, the first of the series: bullish weekly structure, signal strength at 65 out of 100 and setup quality indicator at 59, in ordinary phase. The stock ranks 6th among the 10 fresh buys for US stocks. Our model flags trading not recommended though: the price is hugging the highs, with little room to run before the next historical resistance.