The question here is not whether or not price action is moving higher in the short term, but rather its' how quickly KO moves to the upside. Very bullish here. Should see the 54.90 level tomorrow or the next day. Then 54.99 and our target level to focus on is 55.33 in the next day to several days...a week at the most.
Trade closed: target reached:
So price action indeed moved higher, which was was very likely, however the move unfolded a bit slower than anticipated. No harm though, a bit more patience required is all. Target level hit at 55.33.