June 20, 2014
Coca-Cola recently rose sharply after breaking above the buy target 41.40 that was set in our earlier forecast for this company. The price previously reversed strongly up from the support zone lying at the intersection of the support trendline of the daily up channel from February, upper channel line of the wider daily down channel from May of 2013, 38.2% Fibonacci Correction of the earlier impulse wave 3 and the support trendline of the latest, narrow down channel from April.
Coca-Cola is set to rise further to the next buy target at 42.00 – followed by 43.00.
The post HY MARKETS News: Stocks Report:Coca-Cola Co appeared first on | HY Markets Official blog.
