KO - Potential Head and Shoulders

This stock tends to trail the index by a couple days. Look for rotation into this stock over the next few days to form our right shoulder with a potential pullback and break of the neckline. After examining market indexes over the past week, we're shaping up to see a bit more red, even after that doozy of a red candle printed on the SPX today. As a long-term investor of KO I'm hoping that this turns out to be a megaphone pattern, but since I stood on the milk crate last week and advocated LONG positions @ 48.50, I'd be doing a disservice if I didn't point out what I'm seeing now. Cheers!