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Coca-Cola Co. is quickly approaching 50.00. We expect either a breakout through this line, or a rebound.

Coca-Cola Co. is heading towards a line of 50.00. If this movement continues, we expect the price of Coca-Cola Co. to test 50.00 within the next 11 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.

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