Coca-Cola returns higher - Analysis - 23-10-2020

Coca-Cola's stock (KO) returned higher with a 1.38% profit in the last session, while trading alongside the upward medium-term trend line, with positive support from the 50-day SMA, coupled with positive signals from the RSI. 

Therefore we expect more gains for the stock, targeting the resistance of 53.75. 

Expected trend for today: Bullish