GhostOfHarambe
Long

TAP - Looking for a breakout up to $112.00

NYSE:TAP   MOLSON COORS BREWING COMPANY CLASS B
29 0 3
TAP has been bullish for the last 4 years and currently completing a descending wedge at a 0.618 Fibonacci level with a solid (albeit, slightly inclined) support line at approximately $95.00. There seems to be a high likelihood of an upward breakout, which will probably be followed by a move at least to $112.00, but very possibly $123.00 in the case of an ABCD completion.

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