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Coca-Cola Co. is quickly approaching 51.47. We expect either a breakout through this line, or a rebound.

Coca-Cola Co. is heading towards a line of 51.47. If this movement continues, we expect the price of Coca-Cola Co. to test 51.47 within the next 7 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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Important price line being approached by SPX500. This price has been tested numerous times before.

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E-mini S&P 500 SEPTEMBER 2020 – approaching a price line that has been previously tested numerous times in the past

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