Coca-Cola Wave Analysis – 17 July 2025

- Coca-Cola reversed from the support area
- Likely to rise to resistance level 72.00

Coca-Cola recently reversed from the support area between the key support level 68.55 (which has been reversing the price from May), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse (1) from January.

The upward reversal from this support area stopped the previous minor ABC correction (ii).

Coca-Cola can be expected to rise to the next resistance level 72.00 (which stopped the earlier waves B, 1 and i).