Coca-Cola's stock rose in the intraday levels, scoring a gain of 0.44% in the last session, or 0.18 points, while settling below the pivotal resistance of 41.85, representing the ratio 50% of Fibonacci retracement levels for an ascending wave in the medium term (from 36.56 to 47.13), with ongoing negative pressure from the SMA for the last 50 days period.
 
Therefore we reaffirm our negative outlook for the stock, targeting the support of 40.60, which represents the ratio 61.8% of the same retracement levels, readying to pierce it, as long as the resistance of 41.85 holds on.