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Tuesday, 15 October 2013

Stocks to watch- Coca-Cola

Coca-Cola reported earnings of $0.54 EPS, expectations were $0.53 & last year was $0.5
Revenue declined 3%, slightly below expectations
Stock jumped from 37.91 to 38.47, possible support @ 38.0 but it might already be too high because of pre-market trading
Look to buy Coca-Cola if it drops back around 38.0 & rebound, for 30 minutes expiration

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