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Monday, August 29, 2011

SODA Stock Analysis - SodaStream (SODA)

By Tim - http://stockstobuy.org

Is it time to buy SodaStream International Ltd. (SODA) stock?

The following is technical analysis for SodaStream International Ltd. (SODA) - August 29, 2011

SodaStream International Ltd. (SODA) Support & Resistance Levels - 8/29/11

Resistance Levels: $36.48, $40

Support Levels: $32.50, $30

Chart - http://www.stockcharts.com

SodaStream International Ltd. (SODA) recently hit a low of $32.50 and is now back to $35 in pre market today. SODA has come under fire due to management's comments during the last conference call. I think it is ok to buy SODA stock here as long as you put a stop at $32.50. On the upside, a close above $36.48 would be bullish.


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