Coca-Cola gives in to negative pressure - Analysis - 18-02-2021
Economies.com
2021-02-18 11:07AM UTC
Coca-Cola's stock (KO) fell 0.28% in the last session amid negative pressure from the 50-day SMA, while hurt by piercing the upside trend line recently, with negative signals from the RSI.
Therefore we expect more losses for the stock, targeting the support of 47.35, provided the resistance of 51.25 holds on.
Expected trend for today: Bearish
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