Tuesday, 02 January 2024 12:17 GMT

Coca-Cola Wave Analysis 3 September 2025


(MENAFN- FxPro)

Coca-Cola: ⬆️ Buy

– Coca-Cola reversed from the support area

– Likely to rise to resistance level 70.00

Coca-Cola recently reversed from the support area between the strong support level 67.45 (which has been reversing the price from April), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse (1) from January.

The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Hammer, which stopped earlier wave a.

-p src=/wp-content/themes/fxpro_news_2025/assets/images/etf/820x312_ETF_2_uk_75_eng.png>

Coca-Cola can be expected to rise to the next resistance level 70.00, target price for the completion of the active wave b.

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