Coca-Cola collects profits - Analysis - 13-02-2020

Coca-Cola's stock shed 0.30% in the intraday levels on profit-taking while gathering momentum to help it rise anew, amid the dominance of the main upward long-term trend, with support from the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the resistance of 60.45. 

Expected trend for today: Bullish