thecharttraders

Short Term Bearish KO

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NYSE:KO   Coca-Cola Company (The)
So KO is showing weakness today, and it seems highly likely that we get a drop to 52.50 before bullish price action resumes. This is very short term, and we should see this play out in the next couple days or week or two at the most maybe. After this weakness in price action, we could possible see a strong move higher follow.
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Be patient here for the 52.50 level. A quick drip coming soon...maybe early next week now...

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