KO has used the 50DMA as support 3 times since late July. It is currently showing support at it. Could potentially bounce off of it again to take a long position for a few days.
Note
Forgot to mention 20DMA crossed over 50DMA as well
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.