Today we’ll analyze the stock The Coca-Cola Company (KO) for online market trading,
Technical indicators to notice in The Coca-Cola Company (KO)
1- Last bullish trend was from 55.43$ (6/6/2008) to 57.63$ (6/10/2008) a 2.20$ move
2- The current bearish trend started from 57.63$ at 6/10/2008 and is currently trading at 53.36$.

3- According to ADX, the trend is currently bearish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
The Coca-Cola Company (KO) Short term chart patterns :

4- The Stock was resisted by a resistance line, identified by two points: 57.63 and 58.25, and is currently resisting at 57.2355.
The Coca-Cola Company (KO) Mid term chart patterns :

5- The Stock formed a 20.54$ height triangle which was broken down at 58.94 in higher than usual volume, target of the pattern is 38.4.
The Coca-Cola Company (KO) Long term chart patterns :

6- The Stock was supported by a support line, identified by two points: 37.52 and 35.02, and is currently supporting at 42.3838.

Conclusion:
The Coca-Cola Company (KO) was trading in a bearish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
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Resistance Levels: 53.40, 54.37, 54.99, 55.50, 56.00, 56.94, 57.24, 57.63, 59.40, 61.68.
Support Levels: 49.67, 49.50, 49.42, 49.34, 43.66, 42.38, 38.40, 38.04, 37.96, 37.88, 37.80, 37.72, 37.64, 37.56, 37.48, 37.39, 37.31, 37.23,.