slindstr
Short

KO - Potential Bearish Bat Pattern

NYSE:KO   COCA COLA CO
We might have a bearish bat pattern on the Daily KO             chart.

- AB is just over a .5 retracement of XA
- BC             is just short of the .382 retracement of AB
- Looking left we do have structure at point D.

Stops go above X, TP 1 @ the .382 retracement of AD.
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