22.10.2014 - Coca-Cola has fallen sharply and may continue downward movement

Share price of Coca-Cola after some consolidation under the lower limit of the upward channel has fallen sharply and now is trading above the level of 40.00. Fixing the price below the local minimum of 41.50, will be the basis for further price reducrion to 39.00 and 37.50. Despite the expectation of a drop in prices in the near future, we expect continued growth in the share price of the company in the medium term with a target of 50.00.

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