Coca-Cola gathers positive momentum - Analysis - 21-09-2020

Economies.com
2020-09-21 10:28AM UTC

Coca-Cola's stock fell 0.20% in the last session amid negative signals from the RSI, while gathering momentum to help it rise anew, as the stock trades alongside the upward medium-term trend line, with support from the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the resistance of 53.78. 

 

Expected trend for today: Bullish 

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