Coca-Cola seeks a bottom to bolster it - Analysis - 16-09-2019

Coca-Cola's stock fell amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, while seeking a bottom to bolster it, amid positive signals from the RSI. 

Therefore we expect the stock to return higher, especially if it settled back above 54.78, targeting the resistance of 55.88. 

Expected trend for today: Bullish