Saturday, December 5, 2015

KO Chart - 12/05/15

If KO fails to break $43.50, it will mark the third time that it tested and failed to break this key resistance point. This will be very bearish for the company’s stock, as this will become what is known as a “triple top.” On the other hand, if this level is broken on high volume, investors could be rewarded with a very nice pop upwards.