October 22, 2012

COCA COLA Bear Flag Update


  • Coca cola continue to move down from the bear flag pattern.
  • Price has also violated the support line of a contracting pattern.
  • Price is about to test 200 Day SMA. For bigger falls price must close below 200 Day SMA. 50 sma is acting as stiff resistance level.
  • DOW JONES WEEKEND UPDATE
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