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Coca-Cola: ⬆️ Buy
– Coca-Cola reversed from the support area
– Likely to rise to resistance level 70.00
Coca-Cola recently reversed from the support area between the strong support level 67.45 (which has been reversing the price from April), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse (1) from January.
The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Hammer, which stopped earlier wave a.
Coca-Cola can be expected to rise to the next resistance level 70.00, target price for the completion of the active wave b.
Source: https://fxpro.news
