SODA Up Nearly 20% In Less than Two Months

On December 20th in a password protected post we noted that SODA was working on a break-out from a bullish ascending triangle pattern.

That post is now unlocked and can be viewed here.

Regardless, in the original post we noted that a break above line (2) in the chart below would likely result in the stock climbing ~20% to target line (3) resistance at ~$55.

That nearly happened this past week as SODA touched $54.

Regardless, this was a nice set-up that’s met our initial price target and profit objective, thankfully.