Coca-Cola collects profits - Analysis - 25-04-2019

Coca-Cola's stock fell 0.48% on profit-taking while gathering momentum to help it rise anew as it also vented off overbought saturation in the RSI, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA. 

Therefore we expect the stock to rise and targeting the resistance of 49.55, as long as the support of 47.15 holds on. 

Expected trend for today: Bullish