Why Coca-Cola may fizzle on earnings

April 21, 2015 9:12 PM

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Why Coca-Cola may fizzle on earnings

Coke shares "have been hanging around there a little bit too long," the technician said.

"I think on a bad number, which we just might get, you may get that break below $40, and that sets the stock up for further underperformance on both a relative and absolute basis."

Also read: How major US stock market indexes fared on Wednesday

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