Coca-Cola climbs in volatile session - Analysis - 12-12-2018

Economies.com
2018-12-12 12:04PM UTC

Coca-Cola's stock rose in the intraday levels, ending a session marked with volatility, amid the dominance of the main upward trend in the medium and short terms, while the RSI reached oversold levels, scoring a profit of 0.61%, or 0.30 points, with positive support from the 50-day SMA. 

 

Therefore we expect more gains for the stock, as long as the support of 48.62 holds on, targeting the important resistance of 50.53. 

 

Expected trend for today: Bullish 

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