Coca-Cola breaches upward trend line - Analysis - 14-09-2022
Economies.com
2022-09-14 12:21PM UTC
Coca-Cola's stock (KO) tumbled and breached the main upward short-term trend line, with negative pressure from the 50-day SMA, carrying on the downward correctional trend.
Therefore we expect more losses for the stock, targeting the support of 57.85, provided the resistance of 62.90 holds on.
Expected trend for today: Bearish
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