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Coca-Cola Company (KO-N) Quote - Press Release

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Coca-Cola Co/The Set to Possibly Rebound After Yesterday's Selloff of 2.80%

Comtex SmarTrend(R) - Tue Nov 12, 11:12AM CST

Coca-Cola Co/The (NYSE:KO) traded in a range yesterday that spanned from a low of $51.71 to a high of $51.91. Yesterday, the shares fell 2.8%, which took the trading range below the 3-day low of $51.78 on volume of 517,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Coca-Cola Co/The share prices have moved between a 52-week high of $55.92 and a 52-week low of $44.42 and are now trading 17% above that low price at $51.81 per share. The 200-day and 50-day moving averages have moved 0.14% higher and 0.33% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Coca-Cola Co/The and will alert subscribers who have KO in their portfolio or watchlist when shares have changed trend direction.

Write to SmarTrend at cs@mysmartrend.com

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