Hre is my logic when it comes to trading using TA. When a stock broke out, wait for it to come down to the b/o point before entering a trade especially whe it's extremely overbought. For SODA is $63.20 It ran from $50 to $79 in 10 days. I would sell for that profit. I will enter when it doen to $63 level..
Sorry guys but mrkt reversal....employment so bad 9.2 % unemployment now...cancel all longs ,,mrkt/stocks to ma-50