$KO has pulled back since hitting the First Target and the pull back has been nice and controlled to the 0.38 Fib, where it has tested and held since the 14th of March
A hold on this level suggests a Wave 4 hold and we can expect a move higher once the price holds between $66 - $68
Wave 5 target also aligns with our Second Target at $77 too.
Dividend here of +3% too.
Watch for signs of a reversal next.