06.10.2016 - We expect a strong movement of Coca-Cola shares in the near future

Stock price Coca-Cola continues to gradually decline between the inclined support and resistance lines. Quotes recently broke through its support level at 42.00 and in case of further decline, we expect reaching the levels of 40.00 and 41.00. Given the decrease in the amplitude of oscillations, we expect a strong movement in the near future. Our medium-term outlook is negative and we expect a decrease in the near future.

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