This looks like a bullish move, yet for this bullish movement to continue for coke overall market sentiment must remain positive for the next trading day. Breaking 41.72 has been done yet there is no support established above the 41 strike price. So be prepared for a sort pullback. If market conditions are favorable then look for the establishment of support above 41.
Hit .236 fibo and rebound on previous resistance Hit some good news lately www.businessweek.com
I like how Coca-Cola consolidates near highs after it broke up range resistance at $41.20 and previous high $41.40. After move up to $42.50, it is flagging near highs with support at $41.80ish. If it will go through $42.40-.50, then we can see another leg higher. Earnings next week on Tuesday befor market opens could be strong catalyst. 1 to 2 risk/reward...