Coca Cola's most recent trend suggests a bearish bias. One trading opportunity on Coca Cola is a Bear Call Spread using a strike $41.50 short call and a strike $46.50 long call offers a potential 6.38% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $41.50 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock rose above the $46.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Coca Cola is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Coca Cola is bearish.
The RSI indicator is at 30 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Coca Cola
Why Bridgewater Associates opens new stake in Coca-Cola
Mon, 27 Oct 2014 20:34:08 GMT
S&P 500 trades in a narrow range, up against key technical levels
Mon, 27 Oct 2014 20:34:00 GMT
CORRECTING and REPLACING Sprite® Celebrates LeBron James’ Homecoming with New Video Showcasing His “First Home Game”
Mon, 27 Oct 2014 20:20:00 GMT
Business Wire – First paragraph, second sentence of release should read: Directed by Jacob Rosenberg of the Bandito Brothers… .
Coca-Cola Nigeria sued for half-empty cans
Mon, 27 Oct 2014 19:03:01 GMT
AAP – Nigeria is taking Coca-Cola to court for allegedly refusing to comply with orders from the Consumer Protection Council over two half-empty cans of Sprite. Attorney General Mohammed Bello Adoke filed suit at the Federal High Court in Abuja on Monday against Coca-Cola Nigeria and its chief executive for criminal breach of the Consumer Protection Act. He accuses Coca-Cola of “deliberately failing, refusing and/or neglecting to comply” with orders to appear before the council and subject their manufacturing processes to its inspection. Coca-Cola did not immediately respond.
Coca-Cola Bottling Co. Consolidated Announces Closing of Transaction to Expand Franchise Territory
Mon, 27 Oct 2014 12:30:21 GMT
noodls – Press Releases Territory includes Knoxville, Tennessee Second phase of previously-announced franchise territory expansion CHARLOTTE, N.C.–(BUSINESS WIRE)–Oct. 27, 2014– Coca-Cola Bottling Co. Consolidated …
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