$KO has been struggling since battling off the WHO filing on the potential harm of sweeteners in their drinks.
There is still a possibility for this to hold at the Wave 2 Fib levels at $58.70 at the 0.618 Fib or the 0.78 Fib at $56.98.
Failure to hold here and this is moving down to the blue line and then possibility our Buy Zone.
Below $55 is certainly a buy for me and a long term hold.