Coca-Cola tries to vent off overbought saturation - Analysis - 10-12-2019
Economies.com
2019-12-10 12:36PM UTC
Coca-Cola's stock declined on profit-taking while gathering momentum to help it rise anew, while venting off overbought saturation in the RSI, marking a 0.64% profit, amid the dominance of the main upward trend, with support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 54.80.
Expected trend for today: Bullish
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