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. . 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,.