Surprised that $KO isn't at higher levels at this point in time... There is certainly potential for a pop higher or a steady rise from around these current levels (about 52.25). Especially since the $SPX has been outperforming $KO, we could see $KO wake up and play catch up. Price action should hit 52.55 in the short term tomorrow, and a break higher would likely target the 53.15 level. It's possible that we could see below 52 tested, but I'm long looking for higher levels in the weeks ahead. All of my indicators are suggesting higher.
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