Coca-Cola Not Far From 52-week High

Filed under: Coca-Cola (KO), Technical Analysis

The Coca-Cola Company (KO), a stock I own in my portfolio, actually surprised me today. For some reason, I didn't realize it was so close to a 52-week high. At the time of this writing (less than an hour before the market shuts down its trading posts), shares were trading for $59.06. The high for the year is $59.45. Not bad.



The yearly range isn't very wide at the moment. The 52-week low is $49.47. Nevertheless, I always am impressed whenever Coke is behaving in a strong fashion. I've held the company for a long, long time (over a decade), and I can tell you that the shares tend to retreat as soon as they try to break out of a range (or at least it seems that way).

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Coca-Cola Not Far From 52-week High originally appeared on BloggingStocks on Tue, 28 Sep 2010 15:40:00 EST. Please see our terms for use of feeds.

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