Still in its pull back since topping out at Wave 5 from its earnings, I believe there is still more to go before finding support and if it can continue down to the 200 Day MA just above $61, it would be a good position to complete it's ABC count.
This is a very slow mover but very safe money and a solid dividend, you know that $KO will deliver consistently.
So What Now?
If you are concerned about the market, as always, $KO is the safe haven that will return slow growth and a good dividend, it is usually independent of all economic or political turmoils.
It is a place where cash can be stored as you wait for buy zones to hit.