$KO - FORMER TOP 20 -
Added 2024-02-20 14:38:03 +0000 UTCAnother positive beat on earnings from Mr Consistent and the price has tested the top of this channel once more.....as it has done 5 times now since March 2022 and so far it has rejected trying to break out.
Price is still above the 50 and 200 Day MA, which are at the same point right now.
So the price action may make another attempt to break above this strong resistance level at $60.70.
Failure again and this may need to come down to one of the Fib levels I have added in white for a show of support before making another attempt out of this downward channel.
