MNST - Trying to break out inverse head and shoulder
Inverse head and shoulder clearly visible from the weekly chart.
Formation started in april/may 2021 --> big base, big breakout.
Showing strenght during weak day.
Above 10 & 30 EMA Weekly, in stage 2 (Stan Weinstein) since middle of october.
PEG on earnings (04/11)
Entered $105 jan calls @$99
Using AVWP of PEG as stop loss ($98)
good luck
Formation started in april/may 2021 --> big base, big breakout.
Showing strenght during weak day.
Above 10 & 30 EMA Weekly, in stage 2 (Stan Weinstein) since middle of october.
PEG on earnings (04/11)
Entered $105 jan calls @$99
Using AVWP of PEG as stop loss ($98)
good luck
