Coca-Cola moves alongside upward trend line - Analysis - 20-09-2018

Coca-Cola's stock rose in the intraday levels with positive support from the 50-day SMA, while trading alongside the upward short-term trend line as shown in the attached chart, while also trying to vent off overbought saturation in the RSI. 

Therefore we expect more gains for the stock, targeting the resistance of 46.98. 

Expected trend for today: Bullish