Coca Cola (KO) preview March 30, 2015

KO shares consolidating in a tight channel between $39.50 and $41 during the last 3 weeks. A break below $39.50 looks imminent for a new 6 month low. Only a close above $41 will turn the tide. Short-term bearish.

KO stock price (8 months)

ko

Chart courtesy of StockCharts.com. http://stockcharts.com

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