Coca Cola HBC AG (LON:CCH)

[SMR]

Coca-Cola HBC AG, is a bottler of non-alcoholic ready-to-drink beverages in Europe, operating in 28 countries. The Company owns, controls and operates a network of independent bottling plants and warehousing and distribution systems. The Company through Coca-Cola Hellenic Bottling Company S.A (CCH) is principally engaged in producing, selling and distributing non-alcoholic ready-to-drink beverages. The Company also produces, sells and distributes non-alcoholic ready-to-drink beverages under bottlers’ agreements and franchise arrangements with third parties and under its brand names. It also distributes beer and third party premium spirits in certain of its central and eastern European operations.

Official website: www.coca-colahellenic.com

[jonsmith]

SELL

TARGET 1158




The Major trend of COCACOLA PLC it is showing strength for selling.
If it breaks the support level of 1396 then it achieve the target of 1380


INDICATORS:-
RSI is trading near to 46.22 level with negetive bias, in upcoming session downside movement is expected.
MACD and Signal line is sustaining below the zero level line.

Skype jonsmith1091

[jonsmith]

TARGET 1385
Trend line of COCA COLA PLC shows selling strength.

If it breaks the support level of 1400 then it can test the target of 1485 with the stop loss of 1415.


RSI is trading near to 45.96 level with -ve bias, in upcoming session downward movement is expected.
MACD and Signal line is sustaining below the zero level line.

Skype jonsmith1091