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Important support line being approached by Coca-Cola Co.. This price has been tested numerous time in the last 17 days

Coca-Cola Co. is moving towards the support line of a Channel Up which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Coca-Cola Co. continues in its current trajectory, we can expect it to reach 53.39 within the next 2 days.

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US30 – breach of a trending resistance line that has been tested at least twice before.

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