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01.03.2016 - The price of Coca-Cola can continue to rise

The price of Coca-Cola has shown a sharp drop after was not able to overcome the resistance level at 44.00. Currently quotations are consolidated above the level of 43.00 and further reduction is limited by the lower boundary of the local rising channel the breaking through which will be the reason for further decline to 42.00, 41.50 and 40.00. After the recent correction, we expect continued growth within the channel to the level of 45.00.

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The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
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