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SmarTrend Watching for Potential Pullback in Shares of Coca-Cola After 2.15% Gain
[February 22, 2013]

SmarTrend Watching for Potential Pullback in Shares of Coca-Cola After 2.15% Gain

Feb 22, 2013 (SmarTrend(R) News Watch via COMTEX) -- Coca-Cola (NYSE:KO) traded in a range yesterday that spanned from a low of $37.71 to a high of $38.52. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $37.89 on volume of 20.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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

In the past 52 weeks, Coca-Cola share prices have been bracketed by a low of $34.25 and a high of $40.66 and are now at $38.52, 12% above that low price. The 200-day and 50-day moving averages have moved 0.04% lower and 0.04% higher over the past week, respectively.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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