Breach of support line imminent by Coca-Cola Co.

Coca-Cola Co. is moving towards the support line of a Falling Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Coca-Cola Co. continues in its current trajectory, we can expect it to reach 52.4300 within the next 3 days.

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