Coca-Cola Co. has broken through the support line of a Descending Triangle. It has touched this line at least twice in the last 49 days. This breakout indicates a potential move to 53.22 within the next 3 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Coca-Cola Co. has broken through support of a Descending Triangle. It has touched this line at least twice in the last 49 days.
