I charted the Coca-Cola from 1980 until now. I view that the stock is in a long corrective cycle that started in March 2020 and could last for 7 and possibly 10 years. I am highly skeptical that the correction would end very soon after an expected wave down. Wave timing is the main reason. If wave II lasted over 10 years, I find it hard to believe that wave IV will be done in less than a year. Thus, based on Elliott’s alternation guidance for the corrective waves, I expect that after completing a potential zigzag for wave (A), the stock could chart a more complex flat or triangle that could be followed by a clear motive wave or an ending diagonal. Based on the channel projection, the whole wave could take 7-10 years to fully develop.