Coca-Cola Co. has broken through a support line of a Channel Up and suggests a possible movement to 56.40 within the next 18 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 17 days.
ARTÍCULOS RELACIONADOS
Is the extremely large movement on ADBE a sign of things to come?
ADBE hits 422.61 after a 22.87% move spanning 31 days.
Is the META poised for a turn-around after 4 consecutive bearish 4 hour candles?
Due to the rate of consecutive bearish candles on META 4 hour chart we could be in for…
NFLX – approaching a price line that has been previously tested numerous times in the past
NFLX is moving towards a support line. Because we have seen it retrace from this level in the…