Jimnewman75, thanks for your input. I do agree that it would be nice for the oscillators to support the bullish move and that at least another day is needed to confirm the potential trend. Thanks again!
My preference is to wait for confirmation from the indicators. For instance, MACD crossover and the stochastic would need to dip below the 20-line. Here's one of my charts: ADX, AROON, VTX - all show bearish trends: http://stockcharts.com/h-sc/ui?s=KO&p=D&yr=0&mn=3&dy=0&id=p70717866535 Again - my risk appetite is to wait for confirmation - you may have a different stomach for risk. :-)