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Coca-Cola is a global beverage company that produces, markets, and sells various non-alcoholic beverages, including sparkling soft drinks, water, sports, coffee, tea, juice, and plant-based beverages. The company operates through various brands and distributors, and was founded in 1886 in Atlanta, Georgia. It operates through independent bottling partners, distributors, wholesalers, and retailers.
KO —  NYSE —
Current RSI of this stock is 61.86, which indicates the strength of buyers.
The short length exponential moving average (10 EMA) has just crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.
Based on our short term trading in the US stock market, Coca-Cola stock price target will be USD 66 - USD 66.5 in the next 12-14 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website
