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Coca-Cola: Bearish Inverted Roof Top with Bearish Divergence

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Coca-Cola Company (The) (NYSE:KO)  
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NYSE:KO   Coca-Cola Company (The)
Chart Patterns Technical Indicators Trend Analysis bearishdivergence defensivesector defensive defensives COKE invertedroof invertedrooftop
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chartpattern indicator trendanalysis bearishdivergence defensivesector defensive defensives coke invertedroof invertedrooftop
Coca-Cola has formed an Inverted Roof Topping Pattern and is Currently Breaking Down after Bearishly Diverging on the weekly and Bearishly Engulfing on the monthly; if things go as expected then Coca-Cola will come down to make at least a 61.8% Retrace, but I think it could go all the wa down to as low as the 0.886 as all the Defensive Plays begin to deflate.

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