0
0
April 08, 2021 at 04:00PM
• Coca-Cola reversed from support level 52.40
• Likely to reach resistance level 53.7
Coca-Cola recently reversed up from the support level 52.40 (former strong resistance from March), standing near the 38.2% Fibonacci correction of the upward impulse 1.
The upward reversal from the support level 52.40 started the active minor impulse wave 3 of the impulse wave (3) from March.
Coca-Cola is likely to rise further in the active impulse wave 3 toward the next resistance level 53.71 (top of the previous impulse wave 1).
From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/coca-cola-wave-analysis-8-april-2021-20210408/
Selected by fonecable.com
Search Web: Coca-Cola Wave Analysis 8 April, 2021
Recent Posts
- Crude Oil Over Crypto
- US Dollar Price Action Setups pre-CPI: EUR/USD, GBP/USD, USD/JPY
- Cathie Wood & Ark: Insiders Aren’t Buying the Hype
- Breaking News: ECB Holds Rates, Setting up July and September for Fireworks
- Currency Carry Trade: What is it and how does it work?
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
