Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Coca-Cola's stock rose 1.17% in the last session, or 0.55 points, while piercing the resistance of the 50-day SMA, shaking off its negative pressure, with positive signals from the RSI, amid the dominance of the upward trend in the medium and short terms.
Therefore we expect more gains for the stock, as long as the support of 46.87 holds on, targeting the resistance of 48.62.
Expected trend for today: Bullish