Coca-Cola's stock (KO) rose in the intraday levels after leaning on the main upward medium-term trend line, while seeking a bottom to bounce it higher anew, while suffering negative pressure from the 50-day SMA, with negative signals from the RSI.
Therefore we expect the stock to rise and target the pivotal resistance of 57.50, provided the support of 55.95 holds on.
Expected trend for today: Bullish