Coca-Cola shares have rebounded recently, once again approaching our red Target Zone ($77.63–$82.89), before pulling back. The corrective rally is likely to extend a bit further into our red Target Zone ($77.63–$82.89) before the broader downtrend resumes. Alternatively, the stock could still reach a higher high within the larger uptrend, pushing toward the upper boundary of our red Target Zone ($77.63–$82.89). For this scenario to play out, the resistance at $82 must be broken (probability: 30%).
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.