TradingView
HotForex
Feb 4, 2019 3:07 AM

COKE Approaching Resistance, Potential Reversal! Short

Coca-Cola Consolidated, Inc.NASDAQ

Description

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.
More