Coca-Cola may rise to 71.90 - 72.90

Our pivot point stands at 66.5.

Our preference

The upside prevails as long as 66.5 is support.

Alternative scenario

The downside breakout of 66.5 would call for 64.8 and 63.8.

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 above its 20 and 50 day moving average (respectively at 65.8175 and 64.1994).

Supports and resistances

73.9 **

72.9 *

71.9 **

70.8

68.05 (USD-last)

67.1

66.5 **

64.8 *

63.8 **

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