Coca-Cola may rise to 72.30 - 73.20

Our pivot point stands at 67.5.

Our preference

As long as 67.5 is support look for 72.3.

Alternative scenario

Below 67.5, expect 65.9 and 65.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 68.0445 and 65.3594).

Supports and resistances

74.2 **

73.2 *

72.3 **

71.3

69.38 (USD-last)

68.1

67.5 **

65.9 *

65 **

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