Coca-Cola bullish target 70.32

Hey trader!

In this analysis I will review why Coca-Cola has the potential to reach a target at 70.32.

Since the last drop in price at 57.50, the stock has had a good bullish trend where new resistance levels were formed at 67.20, and 66.37.
However, the price fell from the strong trend and landed at 59.66 which is now a newly formed support level.
Now the stock has the potential to strengthen again and make a new trend which has a target at 70.32.

Happy trading trader!