Coca-Cola driven lower by current resistance - Analysis - 09-07-2019

Coca-Cola's stock fell 0.21% in the last session after the resistance of 52.15 held ground, while venting off overbought saturation in the RSI, with positive support from the 50-day SMA, amid the dominance of the main upward trend in the medium and short terms. 

Therefore we expect the stock to rise, provided the resistance of 52.15 was breached, targeting the next one at 53.18. 

Expected trend for today: Bullish