08.07.2016 - We forecast a drop in price of Coca-Cola

Price of Coca-Cola showed an increase and reached the inclined resistance line, but failed to reach an important level 45.80. In the near future quotes will likely continue to decline with potential targets at 43,70-44,00, overcoming of which will be the reason for the continuation of negative dynamics to 41.50. On the other hand, breaking through 45,80 will cause further growth to 47.00. Our medium-term outlook for the near future is negative.

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