Coca-Cola Co. is heading towards a line of 59.53. If this movement continues, we expect the price of Coca-Cola Co. to test 59.53 within the next 10 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 59.53. We expect either a breakout through this line, or a rebound.
