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After testing 48.60 numerous times, Coca-Cola Co. is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of Coca-Cola Co. towards 48.60 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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We expect a $187.288 movement on LE within 12 hours following the event release at 16 Oct 14:00.

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We expect UB to trend downwards today with a 66.67% chance.

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