DailyPlay for Wednesday October 21th, 2015 – Coca Cola Co (KO)
The bullish DailyPlay we chose for Wednesday October 21th is Coca Cola Co (KO). KO is part of the Consumer Staples Sector (XLP). Over the last month, XLP has experienced a 4.8% move higher and its 1m and 6m trends have turned bullish on 10/7 with strong positive momentum.
Coca Cola’s 1m and 6m trends have turned bullish on 10/2 and has recently broke above its $40 major resistance level. With a technical score of 8 (out of 10), KO looks positioned to continue this strong bullish trend higher.