Coca-Cola Fizz Fades As Stock Charts A Death Cross – Can Australian Spirits Bring Cheer?

Coca-Cola Co KO might be known for refreshing beverages, but its stock action is far from bubbly. The iconic beverage maker's share price has slipped into a Death Cross – a technical signal where the 50-day moving average falls below the 200-day moving average – reinforcing a strongly bearish outlook. Chart created using Benzinga ProRead Also: How Is The Market Feeling About Coca-Cola?KO Stock In Bearish ZoneKO stock, at $62.20, is trading below key moving averages, signaling further bearish momentum:Eight- ...