Coca-Cola may rise to 69.30 - 70.10

Our pivot point is at 64.8.

Our preference

The upside prevails as long as 64.8 is support.

Alternative scenario

Below 64.8, expect 63.5 and 62.7.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 64.067 and 63.4276).

Supports and resistances

70.9 **

70.1 *

69.3 **

68.5

66.07 (USD-last)

65.3

64.8 **

63.5 *

62.7 **

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