Coca-Cola: ⬆️ Buy
– Coca-Cola reversed from the support area
– Likely to rise to resistance level 72.00
Coca-Cola recently reversed from the support area between the key support level 68.55 (which has been reversing the price from May), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse (1) from January.
The upward reversal from this support area stopped the previous minor ABC correction (ii).
Coca-Cola can be expected to rise to the next resistance level 72.00 (which stopped the earlier waves B, 1 and i).
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