Coca-Cola dominated by descending wave - Analysis - 11-10-2019
2019-10-11 14:38:24 GMT
(Economies.com)
Coca-Cola's stock fell while hurt by piercing the main trend line, and suffering from the 50-day SMA, with negative signals from the RSI, readying to pierce 53.39.
Therefore we expect more losses, targeting the next support at 51.55.
Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1135
|
0.0430
|
4.0163%
|
|
|
|
|
1.2455
|
0.0809
|
6.9509%
|
|
|
|
Tadawul
|
6376.62
|
49.70
|
0.79%
|
|
|
|
|
14.446
|
1.863
|
14.810%
|
|
|
|
|
21.828
|
-1.600
|
6.830%
|
|
|
|
|
24.84
|
-1.50
|
5.69%
|
|
|
|
|
1620.150
|
122.735
|
8.197%
|
|
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