Coca-Cola may fall to 65.70 - 66.50

Our pivot point stands at 70.9.

Our preference

The downside prevails as long as 70.9 is resistance.

Alternative scenario

Above 70.9, look for 72.3 and 73.2.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 71.064 and 70.3678).

Supports and resistances

73.2 **

72.3 *

70.9 **

70.3

69.57 (USD-last)

67.3

66.5 **

65.7 *

64.9 **

Number of asterisks represents the strength of support and resistance levels.