2waytrading

Aggressive Distribution

Short
BATS:MNST   Monster Beverage Corporation
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FYI the company will report on Feb 18, 2013. The stock has been under heavy and aggressive distribution and it seems the sharp drop from its 2012 peak is a worrisome trend and will continue until the stock finds bottom and probably that won't happen before $34 area. If you decide to take a short position, make your stop loss at and around $50 with target price $40 and probably $34. Join us http://www.woowtrading.net

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