KO is flirting w/ another breakout to the upside near/around all time highs …
note:
- the monthly .618 price projection is the ‘reason’ for the resistance at 45.66
- the TIME component is .618 the last run and it’s hitting right now …
- perhaps, a double top?
- 3 drives to a top (dashed orange lines) present
IF we get a very strong weekly close higher, then 61 area is the next ‘logical’ stopping point ….
