CCEP Should I Buy

BUY for a beginner, long-term investor with $50k–$100k who wants to act now. CCEP is showing improving upside momentum (positive/expanding MACD), supportive (bullish-leaning) options positioning, and broadly positive Street ratings/targets. The main near-term drawback is that price is close to resistance (~91.28) with RSI near the upper end, so the upside may be choppier in the very short run—but for a long-term, defensive consumer-staples name, it’s still a good buy right now.

Trend/Momentum: MACD histogram is +0.297 and expanding, indicating strengthening bullish momentum. RSI(6) is 69.742 (near overbought), which often means upside can continue but short-term pullbacks are more likely. Moving Averages: Converging moving averages suggest a transition phase—price is trying to break higher but hasn’t fully accelerated into a clean, strongly trending regime yet. Key levels: Pivot 89.82. Immediate resistance R1 91.283 (current price 90.83 is just below), then R2 92.187. Support S1 88.357, then S2 87.453. A clean hold above ~89.82 keeps the near-term bullish bias intact. Pattern-based probability (provided): ~70% chance of +0.73% next day, +2.86% next week, +4.65% next month—supports a modest bullish continuation. Intellectia Proprietary Trading Signals - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock today.