KO Likely to break through $50 and retrace back upKO seems to be attempting it's 4th break above resistance at $50, post-crash. So long as the overall market holds, I believe it breaking above $50 is highly likely this month. If KO does break above $50 while abiding the ascending channel in the chart, I believe KO could reach $55-$60 with a momentum swing within the next 6 weeks. I picked up September 18th $50 strike calls for ~$0.50, so I'm expecting them 10x-20x if resistance it broken through within the ascending channel.