Coca-Cola Wave Analysis – 8 October 2026

Coca-Cola: ⬆️ Buy

– Coca-Cola broke daily down channel

– Likely to rise to resistance level 91.00

Coca-Cola recently reversed up from the support zone between the key support level 86.00 (which has been reversing the price from August) and the lower daily Bollinger Band.

The upward reversal from this support zone broke the resistance trendline of the daily down channel from the end of August.

Given the strength of the support level 86.00, overriding daily uptrend and the oversold daily Stochastic oscillator, Coca-Cola can be expected to rise further toward the next resistance level 91.00 – former resistance from the end of July.