A little hindsight on what could have been a nice short. Red line was your level. After a nice drop price pulled back to test that exact level and then went back down again. Price is rising yet again and could come to test that area once more. Since it has been tested before it has a better chance of pushing through it. That is not a rule just something to...
Triangles, Descending Triangles, Ascending Triangle and Ranges are repeatable trading chart patterns.
Triangles and ranges are consolidation chart patterns that can breakout either direction.
Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the...
Not quite a buy yet but maybe todays upgrade could ignite a rally as we believe that the stock has completed a 4th wave retracement.
The indicators have looked to be bottoming ready for the nest impulse move higher.
Entry level $352
Price target $430
Average analysts price target $372
Short interest 19%
Boston Beer Co., Inc. engages in the business of...
Don't get panicked by that Jefferies downgrade. SAM is resilient enough to withstand one bad day. I anticipate that the stock will be back in its uptrend within a week.
Boston Beer Co., Inc. engages in the business of alcoholic beverages. Its brands include Samuel Adams, Twisted Tea, Angry Orchard, and Truly Hard Seltzer. The company was founded by C. James Koch in 1984 and is headquartered in Boston, MA.
SAM
