Coca-Cola Has Been Unfazed By The Recent Market Weakness

My commentary on Coca-Cola (KO) for TraderPlanet

Shares of Coca-Cola (KO) are up 5.82% year to date and now starting to break out above the three month resistance level at $42.25. This breakout above the ascending triangle setups for a minimum measured move to $45.75 in the coming months ($42.25-$38.75=$3.50+$42.25=$45.75). This move is also significant since it is happening on increasing volume over the last two trading days and in the face of recent market volatility…Click here to read more on my commentary on Coca-Cola.