inco1

KO looking for pullback before breakout

Long
NYSE:KO   Coca-Cola Company (The)
long term trend is in a strong uptrend
intermediate time frame is showing long term moving average rising with the medium term flattening
looks like a shallow pullback with strong support confluences at the .236 retracement level and volume by price and dynamic support
volatility is contracted and congested at said area looking for an advance upward
rsi pulling back to support in 50 area with positive volume pressure
looking for entry in this area..will not enter if goes below 45.27 area

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