Coke Shows Some Pop

Shares of Coca-Cola (KO) are testing a key resistance zone today. The stock is up just shy of 2% and is beginning to put some distance on its January peak.

This breakout-type action is also challenging a relatively heavy 200-day moving average as well as the November/December highs. With the help of a boost in volume, Coke will soon clear a heavy supply area. Once $38.00 is convincingly taken out, the stock will be set up well for a new bull leg....109 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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