Neutral to Bullish once triggered. and I bet it's gonna take forever to hit target, unless the trade gets stopped out. Looking for an open above 1/2 of yesterday's candle.Longby JaydTrading0
Long strong run that may not be over yetMonster has been on a nice run since the gap up. The question is whether or not it has the power to continue the trend. Monster reports earnings in 3 days. A break above the current resistance would be a buy signal and a stop is a break below the red tend line. Lets see how it plays out.Longby gowithetf0
MNST breaks through $100MNST was in consolidation for over a year before a large gap up in August 2014. Prior to this it had been in a good, linear bull trend for some time. So now the consolidation period is over we would like to see a continuation of previous behaviour. While the uptrend began again on the August gap up price took a little while to get going. Then, on 31st October, price finally broke through the 100 figure, which can be a psychological area of resistance for some traders. It did not break through convincingly - a small indecision bar - so a retest of $100 was not unexpected. Now price has gapped up again, on higher volume, a buy opportunity presents itself. Longby iAnneTrader3
Only slightly more expensive than when trading at $75. When fundies meet technicals. $100 by JXMFinancial0
The Big Picture of Monster stockIs Coca-Cola investment in Monster Beverage enough to boost price beyond the trending channel?by JimMakos0
MNST - (NASDAQ: MNST) fell more than 3% on TuesdayMonster Beverage Drops On Stifel Concerns ***** (finance.yahoo.com) 03/06/2014 Shares of Monster Beverage (NASDAQ: MNST) fell more than three percent Tuesday morning on comments from Stifel, following the shareholder meeting. Stifel reduced its estimates on weaker-than-expected sales growth for the past several months. Analyst Mark Astrachan backed up his claims with Monster’s weaker-than-expected April sales and difficulty launching new products. Stifel cuts its second quarter sales estimate from 12.2 percent year-over-year growth to 9.9 percent. The earnings reduction on this drop is from $0.76 to $0.74. However, Astrachan did state, “We continue to anticipate at least high single-digit sales growth for Monster over the next 3-5 years driven by U.S. share gains, continued international expansion, and innovation.by Ryan.Chai1
Doesnt do well with bearish engulfing daily candles. Starting to set up for a big shortShortby JXMFinancial0