18.04.2016 - Price of Coca-cola can jump upwards
Stock price of Coca-cola has corrected to the lower limit of the upward channel and is now consolidating near the level of 46.00. Fixing of quotations below this level will confirm the sell signal with the objectives at 45.30 and 44.00. At the same time, at the moment there is a high probability of the price rebound upward from the lower boundary of the channel and in such case the first target will be 47.00. We expect growth in the near future, with the potential of reaching 50.00.