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stephanelibatd
Nov 20, 2020 2:20 PM

BUY to MOLSON COORS BEVERAGE COMPANY  Short

Molson Coors Beverage CompanyNYSE

Description

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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