Coca-Cola relinquishes gains - Analysis - 29-07-2020
Economies.com
2020-07-29 13:02PM UTC
Coca-Cola's stock fell 0.62% in the last session while gathering momentum and venting off overbought saturation from the RSI, while buoyed by piercing the main downward trend line, with support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 53.78, provided the resistance of 49.72 was breached.
Expected trends for today: Bullish
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