![SODA Up Nearly 20% In Less than Two Months](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2013/02/2013-02-06-SODA-Weekly.png?resize=636%2C310)
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.