Coca Cola Wave Analysis – 28 May 2026

Coca Cola: ⬇️ Sell

– Coca Cola reversed from resistance area

– Likely to fall to support level 80.00 and 79.00.

Coca Cola recently reversed down from the resistance area between the resistance level 81.60, which stopped the previous impulse wave (1) at the end of February and the upper daily Bollinger Band.

The downward reversal from this resistance zone stopped the earlier impulse waves iii and 3 – which belong to wave (3) from March.

Given the strength of the resistance level 81.60, Coca Cola can be expected to fall to the next support levels 80.00 and 79.00.