TAP.A trade ideas
TAP - multi year reversalA break from a downtrend shown by the weekly chart. Looking for long term investment ideas why not invest in fine wines and whiskey. Check out my profile for more information on how to do it!
TAPS Play into Hard Sletzer Looks like Moors is going hard into Hard Sletzer. Looking for a hit and a turnaround story for MOORS
Coors to the moonIMO the 'premium beer' market is totally propped by capital investment, and molson is one of the oldest players in the game. all time high is 110$, absolute worst case is the stock goes to 10$, which is why im going to start buying in slowly over time. IMO a lot of the selling pressure on the stock was because of suspending dividends for 2020 as well.
heres my trade setup. Lets go.
TAP long-term breakout in progressGo long TAP. Finally getting attention on the street/institutionally. EV/EBITDA of 7.9. Hard seltzer sales will grow with out taking away from beer sales.
institutional money going into TAPNot only is TAP extremely attractive fundamentally, now the technicals and external catalysts are there. Morningstar just named it one of their top stock picks of the year because of its selection by some of their most respected managers.
Morningstar is a non-bias third-party research firm that most advisors use to help keep track of their models, clients' investments, stock valuations, and fund evaluations. They are, IMO, the most reliable source for financial information that is truly material.
TAP is trading at an EV to EBITDA level of 7.8874; under 10 is considered to be that of a company that is running extremely well financially. They have been launching Seltzer products to compete with SAM's Truly. Their Coors seltzer even has an ESG side to it where every case you buy, a certain amount goes to saving rivers.
All in all, do not miss this move. Its FAIR VALUE estimate is $60. In my experience, stocks surpass what is thought to be their legitimate value based on their books/financials. That's easily a 24% return. Keep in mind that VIAC's FAIR VALUE estimate was $57, look at it now. Long story short, price targets are different than fair value estimates; price targets are where you think the stock is going, fair value estimates are where the stock should be priced based on its current financials/books.
My price target for TAP is $75, which would be a 55% return.
okay.... Im feeling kinda turned on by this chart setup.....Recent acquisition of hard seltzer brand who is competing with that of White Claw directly and completely knocking them off the shelves!!
Shout out to Dumb money live podcast for the heads up on this brand, if you havent checked them out before they are a definite recommendation from me for some macro economic outlook and individual high conviction plays
moving forward this is a beautiful pitchfork setup and a nice fibonacci retracement price channel forming DEFINITELY BE ON THE LOOK OUT
TAPInfo only, not advice
Social arb play from Dumb Money. Thesis based on TAP linking up with Dwayne Johnson to distribute his new energy drink ZOA as well as Topo Chico in the US.
No trending on the chart, one to watch for the next few months to see how this plays out.
Stop set under lower lows as protection
Update on TAP, kitchen sink earnings report, Double Down!TAP just had their kitchen sink earnings report. It was a dismal quarter. There are silver linings to this though.
First, they had a 1.9% rise in net sales on a brand-volume basis in the United States. Second, their sales in Europe were badly hurt by the lockdown measures as the UK was in its worst phase at the time; this is only creating a demand glut. Third, they lowered their debt by $1.1 billion dollars. And finally, they realized they spent too much on general administrative expenses and marketing expenses; this is something that is easy to fix when the CFO gets handed the scissors.
All the bad news is out, it should be all downhill from here with improvements and higher margins as they improve the bottom line. Buying stocks when they are fully beaten down but are still institutions that are household names that aren't going anywhere, can be a good entry point after they have their "kitchen sink" quarter. Boeing already had theirs, and Wells Fargo had theirs a while ago as well.
Their fair value estimate based on their current financials is $55 a share so they are fundamentally undervalued. Keep in mind most companies eventually trade up to share prices that are above what would be a considered a fair valuation. A perfect example would be Tesla.
STZ is in purple to compare TAP to a peer. STZ has mostly stayed inline with TAP in terms of performance until recently. STZ has now outperformed TAP and created a gap between the two. I believe TAP is due to play some catch up here.
Last I saw, they closed at $44.50 after-hours. Buy under $50. Hold long and collect a 2.56% dividend yield in the meantime. NYSE:TAP
Go long TAP! beer exposure for these trying timesBuy Below $50, should easily hit $60 as it is currently undervalued.
When you look at the technicals, MACD and RSI are signaling buy. The moving averages (20,50,100 day for shorter-term outlook) have all converged and the stock just bounced off the bottom of the trend line so I see a reversal leading to a steady uptrend.
Sell half at $60. That's roughly a 22% return, then I'd suggest letting the other half ride to see if you can squeeze some more juice out of it or if you have to bail you've already capped gains. Selling half and letting the other half ride is my favorite method of risk management and a way to stay disciplined.
downtrend resistance! chart speaks for itself here, broke its uptrend and now its heading lower, longs should be careful, could head lower. goodluck!
short entry?broke the uptrend channel and is heading lower here, perfect short entry if the current downtrend channel holds. but watchout for 57, if thats breaks it reclaims the trend channel and heads back to 80s ! goodluck :) leave a like/follow !
TAP looks poised for an uptrendA perfect cup-and-handle pattern formed. The 20 day MA also moved through both the 200 day MA and the 50 day MA indicating that there is some momentum behind this trade. Not only that, but their fair value estimate is $55.
BUY to MOLSON COORS BEVERAGE COMPANY Hey people, MOLSON COORS BEVERAGE COMPANY is in a bearish dynamic with a strong sell volume at the end of the session and panics with a relenting of buyers in the shade. In the TIMEFRAME M1 we observed an upside down hammer candle with a large volume of purchases executed at the end of the session. It will break the VWAP to go to its last lowest and turn around great possibility of breaking out the price. Then test the equilibrium zone which will be broken if the volume returns are done, we will go to a new zone with a high on the TIMEFRAME H1. This corresponds to a significant resistance and if the buyers come back in the game to erase the losses before the session.
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Bottoms Up! Molson Coors undervaluedRelative to other producers in the industry, Molson Coors has been neglected by investors. The company remains profitable, this stock represents a huge opportunity. The P/E and P/B looks great, lots of room for upside growth. First stop is $75-100. Give it a few years and it'll be a good one for the long-term portfolio.
What I'm watching on TAP StockWeekly Downtrend still in tact. Needs to get out of trend line for 2 weeks. Otherwise another rejection to downside is likely again
TAP - LONG SETUPTAP DEVELOPING BULLISH DIVERGENCE ON THE MONTHLY SCALE ! ON HISTORICAL SUPPORT AREA.
