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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