TAP (Molson Coors), a beverage company. Good value stock. Sector: consumer defensive It's forming a beautiful arc . Can we complete it and reach USD 61? Risk/Reward is good here as you can put a stop just below 52. I'm in for a swing. Trade safe!
Reading chart from left to right: TAP went through a bear phase from June to September of 2021 and an accumulation phase from September to December 2021. We saw the first impulse out of the accumulation phase with it's punch to $52 and it did a classic 50% retracement to $48. We're seeing upward momentum in February which is signaling that there's potential for...
Think I missed my better entry here, but its seem to be range bound since Sept and broke out of the long downtrend. Does need to take out the MA200, but does have some momentum behind it with the 10/20 MA crossover.. Entry - 48.75 - 49.25 Stop - $45 Profit - $64-65/ RISK TO REWARD -2:1
NYSE:TAP Idea is simple: Long position when the price breaks the downtrend ($46) (you can wait to 4h candle be closed higher than 46) Stop - close lower than $45.6 (-0.8% risk) Profit - 3 takes: 1st take $50 (8.8% upside) 2nd take $53.6 (15.8% upside) 3rd take $61.3 (30.3% upside) Profit/Risk - from 9 to 31 You can split position to 3 parts, for each take Feel...
Limit buy - 46,0$ Target - №1-54,0, №2- 60,0 Risk/Reward Ratio - 3,64 Stop-loss - 43,80
Today we got an insider signal for TAP. It wasn't that meaningful (B Signal), but it could be a great anticyclical speculation. The stock is currently oversold on Stochastic level, RSI shows divergent behaviour, while MACD is flat. Meanwhile the stocks latest raise movement corrected to the .5 Fib level. So it might possible, that we can see here raising stock...
According to Traders-Paradise's Algorithm, #TAP has a high chance of going up More opportunities: Traders-Paradise.com
Tap has been stalling ahead of earnings on support for almost two weeks. With it being crazy undervalued and with great ER, Tap is ready to rock and roll.
Price has delivered an impulse up on daily, and at the moment is forming a flat pattern. Most likely, this is going to be an expanded flat, in order to tag 62% retracement against the impulse. In this case wave ((c)) of this assumed corrective pattern will equal 162% of the wave ((a)). Target price - around $40 per stock
TAP is either doing a double bottom or getting ready to bounce on 200 daily EMA. Stock can't really go under $50, the company is too undervalued and their product line-up is too good to fail.
A break from a downtrend shown by the weekly chart. Looking for long term investment ideas why not invest in fine wines and whiskey. Check out my profile for more information on how to do it!
Looks like Moors is going hard into Hard Sletzer. Looking for a hit and a turnaround story for MOORS
Go long TAP. Finally getting attention on the street/institutionally. EV/EBITDA of 7.9. Hard seltzer sales will grow with out taking away from beer sales.
Recent acquisition of hard seltzer brand who is competing with that of White Claw directly and completely knocking them off the shelves!! Shout out to Dumb money live podcast for the heads up on this brand, if you havent checked them out before they are a definite recommendation from me for some macro economic outlook and individual high conviction plays ...