MOLSON COORS Stock Chart Fibonacci Analysis 022625Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 56/61.80%
Chart time frame: D
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E
TAP - The Molson Coors Beverage Company ready for short?
The Molson Coors Beverage Company NYSE:TAP on New York Stock Exchange looks like ready for short. We see here a brake out from the long time resistance with a confirmation from this move. This is maybe the end of the long time correction since october 2020. Next Target 40,00 $?
TAP Molson Coors Beverage Company, LONG (MID-term)Financials
- Earnings are rising, good outlook, bright expectations
- Stock is at a low point, trading under its book values.
Techincal
- Stock is picking up momentum.
- Stock is at a great R/R point.
Strategic
- Stock should be priced way higher in an investment of lowering interest rates
TAP flushed on a good earnings beat into support LONGTAP appears to to have fallen into support on a good earnigns beat Perhaps traders were
expecting a better beat. It is now 15% below the resistance zone where shorts will take
positions and longs will sell- off. TAP has sales and consumer loyalty in its brands. It is
free of the controversi
Tap Double Top or buying opportunity?NYSE:TAP has had a rough time as of late as noted on the weekly chart.
I am torn between the was it a double top or are we entering a buying opportunity here?
If it loses the 53 level it can continue to slide especially if earnings disappoint, on the other hand it could rise if earnings surprise a
TAP ( Coors Molson Miller ) Ready for Bullish Continuation?On the daily chart, TAP was on a good trend up heading into earnings which were favorable.
It is consolidated since just after earnings in a " high tight bull flag pattern" Volume has been
healthy with many buyers and seller trading shares in a tight range channel. The stochastic
RSI is now at a
TAP - start of bullish trend?TAP bottomed in Sept 2020 and began to move higher till 7 Jun2021, after which it made no further progress and pretty much churned sideways in a wide range for the next 11 months.
Finally, on 2nd May this year, it began to propel strongly above the neckline due to positive earnings surprise. Howe
Another woke beer seems to be losing valuation as a resultSuper-smart marketers at Cors launched a man-bashing ad back before Budlight's debut. Only a few would pay attention to it in today's environment, it isn't that shocking.
However, due to Budlight's wildly extreme that sparked a total boycott of the brand, fake beer consumers became a lot more sensi
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