Coca-Cola ST : Gap

Our pivot point is at 67.86.

Our preference: the downside prevails as long as 67.86 is resistance

Alternative scenario: above 67.86, look for 69.23 and 70.04.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 68.64 and 69.23). Finally, the Coca-Cola is trading below its lower Bollinger band (standing at 66.27).

Supports and resistances:

70.04 **

69.23 *

67.86 **

67.32

66.21 USD - last

64.49

63.68 **