Coca-Cola Companys stock price (KO) extended its gains in latest intraday trading and managed to shake off negative pressure from the 50-day SMA, boosted by positive signals from the Stochastic after reaching oversold levels, and amid the dominance of the main upward trend as the price trades alongside the secondary short-term trend line.

Therefore we expect more gains for the price, targeting the pivotal and near resistance of $73.50.

Todays price forecast: Bullish

Do you need help in trading decisions? Do you want to learn how to start trading?

Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:

Full coverage of commodities such as gold, oil, silver, and more Full coverage of all major forex currency pairs Full coverage of key global indices and stocks Full coverage of major cryptocurrencies and meme coins Accurate analysis and daily updated price forecasts Exclusive and breaking news Reliable trading ranges for effective risk management Comprehensive educational materials, competitions and prizes! Innovative tools to enhance your trading performance Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.

Join VIP Channel Join Free Channel