Coca-Cola -- It's the Real Thing
by Sam Collins 10/29/09
Free Trading Guides
Coca-Cola Co. (KO) -- This global household name fell from more than $65 to less than $40 last year.
A powerful recovery, which tracks the 50-day moving average, has confirmed a new bull market for the stock.
A pullback to $52, just below the 50-day moving average, could be an ideal entry price for traders and longer-term holders.
The trading target for KO is $63.
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