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There is a possibility of a big movement on Coca-Cola Co. after a breach of the support

Coca-Cola Co. has broken through a support line of a Channel Up and suggests a possible movement to 56.40 within the next 18 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 17 days.

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