The Coca-Cola Company (KO) stock rose in its latest intraday trading, supported by a breakout above a corrective ascending trendline in the short term and continued trading above its 50-day simple moving average. Additionally, a positive crossover has begun to appear on the relative strength indicators after the stock successfully relieved its previous overbought pressure, giving it more room for further short-term gains.

Therefore, we expect the stock to rise in upcoming trading sessions as long as it remains above the 68.65$ support level, targeting the key resistance level at 74.35$.

Todays stock forecast: Bullish.