Coca-Cola $KO has been a strong consumer staple name, but has found resistance at $52. After several failed attempts to crack this resistance, the focus is now going to be on $50.50, the current neckline.KO Daily Chart(click to enlarge)Bulls Taking a Break:- The way KO has been trending resembles a consumer cyclical (refer to weekly chart).- There is a bearish divergence on the daily chart as well.- By the way that it has been rallying and falling within a rising channel, we might anticipate a dip coming up.- If price fails to hold above the $50.50 mark, which is also a previous resistance pivot that is acting as support, we might see a dip at least towards the $48 area. - I wouldn't look for a bearish outlook lower than $46. After all, there is no bearish sign in the long-term. - In other words, KO might be a good candidate to buy-on-a-dip.KO Weekly Chart(click to enlarge)