Coca-Cola Co. is heading towards a line of 49.94. If this movement continues, we expect the price of Coca-Cola Co. to test 49.94 within the next 18 hours. 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 49.94. We expect either a breakout through this line, or a rebound.
