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Sodastream Filled The Gap... Might Be Ready To Run Now

|Includes:MDLZ, SodaStream International (SODA)

After a wild ride this week including a big jump and subsequent fall following the deal announcement with Kraft (KFT), Sodasteam (NASDAQ:SODA) filled the gap today. This is very bullish for a further run. The stock fell right back to the gap and jumped. On top of that, the stock is now back over the 200ema. Look for some consolidation until the 10ema catches up and crosses the 200ema. Then, its very possible to get a run back to the $70-80 range from July.

Disclosure: I am long SODA.

Stocks: SODA, MDLZ