Molson Coors Beverage Stock Chart Analysis: Swing Trade

Shares of Molson Coors Beverage (TAP) are taking a beating today after earnings missed the mark. As the stock falls, investors are wondering what the Molson Coors Beverage stock chart analysis says. Based on major supports, selling pressure, and other technical metrics, a strong swing trade buy is found at $38.50. There are multi-factor supports here and the stock would be extremely oversold. While a decent distance away, missing earnings can get a stock down really quickly. Look for the Molson Coors Beverage stock chart analysis at $38.50 to initiate a swing trade buy.

(Click on image to enlarge)

Disclaimer: All comments made by InTheMoneyStocks, LLC and its subsidiaries, instructors, and representatives are for educational and informational purposes only and should not be construed as ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.