Downward Swing to come for Coca Cola
Hi Traders
Coca-Cola has almost the perfect set up for taking another downswing over the next couple of days except for SMA100 and SMA200 the form a very bearish pattern. SMA100 and SMA200 of course are still laging a bit behind the corona-crisis but soon will also change into a bearish formation too.
Also the Hitman indicator shows its 4th bear-signal in a row implying another down-rush coming up next for KO.
Coca-Cola has almost the perfect set up for taking another downswing over the next couple of days except for SMA100 and SMA200 the form a very bearish pattern. SMA100 and SMA200 of course are still laging a bit behind the corona-crisis but soon will also change into a bearish formation too.
Also the Hitman indicator shows its 4th bear-signal in a row implying another down-rush coming up next for KO.
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