Will Coca-Cola Co. have enough momentum to break resistance?
![](https://trader.autochartist.com/wp-content/uploads/2019/06/5d0c7589f64d5f3d15fcb005.png)
Coca-Cola Co. is heading towards the resistance line of a Channel Up and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
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