$KO TOP 20
Added 2023-07-02 19:35:27 +0000 UTCWHO's decision to possibly declare aspartame as a carcinogenic to humans is certainly a blow to $KO who have worked hard to try and move away from the image of selling flavoured sugar to people.
I suspect there will be crisis meetings right now to come up with an alternative to aspartame as we speak.
So far the chart structure is still in place but this catalyst has made the structure vulnerable now, the price action has still held the 0.78 Fib but a break down below $58.40 and this invalidates the structure.
So holders should consider a stop loss just below this level to protect themselves.
Buy zone is below $55.....whatever happens with $KO, I will be buying in the buy zone as I believe they have the resources to address any challenges.
