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After testing 53.25 numerous times, Coca-Cola Co. has finally broken through. Can we expect a bullish trend to follow?

The breakout of Coca-Cola Co. through the 53.25 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Coca-Cola Co. to test 53.99 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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After testing 22.9500 numerous times, FRA40 is once again approaching this price point. Can we expect a bearish trend to follow?

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US30 has broken through resistance of a Inverse Head and Shoulders. It has touched this line at least twice in the last 6 days.

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