Swing Trading Strategies & Stock Picks Since 2003

Stock Pick of the Day

Coca Cola Co)

Closing Price: $54.01

RSI: 39.22

MACD: -0.81

Coca Cola Co), a constituent of Dow Industrial Average Index, soared 2.6% by closing on Tuesday, after Coca Cola Co. (KO) earnings spiked by 55% in the Q4 ended last December.

Coca Cola, (KO) which has remained an underperformer compared to its main rival Pepsico) over the past one year, has also managed to breach its 200 day MA. Coca Cola Co. (KO) has shown strong signs of gaining and retaining its market share in the largest markets of India and China over the past quarter. Coca Cola Co now faces its next resistance at its 20 day MA of $54.65.