HotForex

COKE Approaching Resistance, Potential Reversal!

Short
NASDAQ:COKE   Coca-Cola Consolidated, Inc.
COKE is approaching its resistance at 227.11 (100% Fibonacci extension x2, 76.4% Fibonacci retracement, horizontal swing high resistance) where we expect to see a reversal to its support at 197.53.
Stochastic (55, 5, 3) is approaching resistance where a corresponding reversal could occur.

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