Coca-Cola dominated by descending wave - Analysis - 11-10-2019

Economies.com
2019-10-11 14:38PM UTC

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 

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