BharatJhunjhunwala

Coca Cola may get bitter here!

Short
NYSE:KO   Coca-Cola Company (The)
The stock is in a dominant trend up. Recently a lower high and lower low price pattern has been noticed on the daily charts . The RSI also seems to have shifted the range from bullish 80-40 zones to neutral 60-40 zones in the past few weeks. Important support levels are marked on the charts. Breaking them may result into corrections. The degree of the corrections are still not predictable, but the RSI forewarns. To get more insights into RSI visit http://www.prorsi.com

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
http://www.prorsi.com