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Coca-Cola Co/The (KO) Approaches New Downside Target of $44.11

By Nick Russo

Shares of Coca-Cola Co/The (NYSE:KO) have bearishly opened below the pivot of $45.16 today and have reached the first support level of $44.46. Investors may be interested in a cross of the next downside pivot targets of $44.11 and $43.06.

In the past 52 weeks, shares of Coca-Cola Co/The have traded between the current low of $0.00 and a high of $60.13 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.25% lower and 1.24% lower over the past week, respectively.

Coca-Cola Co/The has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $49.73. The stock should find initial resistance at its 50-day moving average (MA) of $46.29 and further resistance at its 200-day MA of $52.73.

SmarTrend is tracking the current trend status for Coca-Cola Co/The and will alert subscribers who have KO in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts coca-cola co/the

Ticker(s): KO