Coca Cola - $78 Target for New Highs Imminent

🥤The Coca-Cola Company (KO) suggests the stock has definitively finished a long period of price correction and is now ready for a significant upward trend. This pullback, which had been complex, officially concluded when the price hit its low at $65.36. Critically, the strong bounce that followed has broken the stock out of its long-term downward trading range, confirming that the selling phase is fully over.

Following this successful breakout, the chart indicates that a major new five-wave rally is starting, with the stock currently engaging the powerful middle part of this upswing (Wave 3). The analysis projects that after completing this rally, the price will ultimately reach a target around $78.00. This suggests that the stock is now in a strong phase of growth, making it a key focus for traders looking for the next major increase in value.

Stay Tuned!
Money_Dictators