Coca-Cola Co. is heading towards a line of 48.60. If this movement continues, we expect the price of Coca-Cola Co. to test 48.60 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Coca-Cola Co. is quickly approaching 48.60. We expect either a breakout through this line, or a rebound.
