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Don't Hit The TAP On Molson Coors Brewing

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Molson Coors Beverage Company to Webcast 2020 Fourth Quarter Earnings Conference Call Business Wire - 1/11/2021 7:00:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/4/2021 6:01:18 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/4/2021 6:01:17 PM
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Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/4/2021 6:01:08 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/4/2021 6:01:07 PM
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Court Denies Molson Coors Motion to Dismiss Future Proof Federal Infringement Claim PR Newswire (US) - 12/16/2020 10:00:00 AM
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Molson Coors Beverage Company Increases Production Capacity for Seltzers & Popular Innovations by More Than 400% to Keep Up W... Business Wire - 12/1/2020 9:00:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/25/2020 5:03:50 PM
Molson Coors Completes Sale of Irwindale Brewery Business Wire - 11/5/2020 9:00:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/4/2020 5:01:11 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 10/29/2020 11:20:18 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 10/29/2020 7:07:19 AM
Molson Coors Reports 2020 Third Quarter Results and Provides Revitalization Plan Update Business Wire - 10/29/2020 7:00:00 AM
Molson Coors présente ses résultats pour le troisième trimestre de 2020 et fournit une mise à jour concernant le plan de ... Business Wire - 10/29/2020 7:00:00 AM
Vizzy Hard Seltzer Donates $1MM to the Human Rights Campaign PR Newswire (US) - 10/13/2020 9:30:00 AM
Molson Coors Beverage Company to Webcast 2020 Third Quarter Earnings Conference Call Business Wire - 10/9/2020 8:30:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/1/2020 6:01:14 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/1/2020 6:01:13 PM
ITMS Member Level  Wednesday, 12/13/17 12:23:32 PM
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Post # of 35 
Don't Hit The TAP On Molson Coors Brewing Just Yet

Today, leading brewery stock Molson Coors Brewing Co (TAP:NYSE) is trading lower by 0.64 to $79.51 a share. This stock has been steadily declining since October 2016 when the stock traded as high as $112.19 a share. TAP stock is now trading below its important 50 and 200-day moving averages, this indicates technical weakness. Traders should also note that there is bearish weekly chart pattern forming in the stock. This suggests that the stock could still have one more decline in the cards. Traders should now watch $72.50 area for major chart support. This level was where the stock broke out in September 2015. Often, prior break-out levels will serve as major support when retested. This looks to be a solid trade area for TAP stock.




Nicholas Santiago
InTheMoneyStocks

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