Coca-Cola's stock kept rising in the short term, scoring a profit of 0.26% in the last session, amid the dominance of the upward short-term trend, with positive pressure from the 50-day SMA, while the RSI reached overbought levels.
Therefore we expect more gains for the stock, targeting the important resistance of 50.53, as long as the support of 48.62 holds on.
Expected trend for today: Bullish