Wednesday, December 13, 2017 12:23:32 PM
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
Recent TAP News
- Molson Coors Beverage Company présente ses résultats pour le premier trimestre de 2024 • Business Wire • 04/30/2024 10:55:00 AM
- Molson Coors Beverage Company Reports 2024 First Quarter Results • Business Wire • 04/30/2024 10:55:00 AM
- Molson Coors Beverage Company to Webcast 2024 First Quarter Earnings Conference Call • Business Wire • 04/02/2024 10:55:00 AM
- Barmen 1873 Bourbon and Country Superstar Lainey Wilson Collaborate for the Hold My Bourbon Bar Pop-Up in Nashville • PR Newswire (US) • 03/20/2024 01:00:00 PM
- MOLSON COORS ANNOUNCES LEADERSHIP TRANSITION IN CANADA • PR Newswire (Canada) • 02/27/2024 05:00:00 PM
- MOLSON COORS ANNONCE UNE TRANSITION AU SEIN DE SON ÉQUIPE DE DIRECTION AU CANADA • PR Newswire (Canada) • 02/27/2024 05:00:00 PM
- Molson Coors Beverage Company présente ses résultats pour le quatrième trimestre et pour l’ensemble de l’exercice 2023 • Business Wire • 02/13/2024 11:55:00 AM
- Molson Coors Beverage Company Reports 2023 Fourth Quarter and Full Year Results • Business Wire • 02/13/2024 11:55:00 AM
- MADRI EXCEPCIONAL, INSPIRED BY THE SOUL OF MADRID AND THE FASTEST-GROWING BEER IN THE UNITED KINGDOM, LANDS IN CANADA • PR Newswire (Canada) • 01/31/2024 11:00:00 AM
- MADRI EXCEPCIONAL, UNE BIÈRE INSPIRÉE PAR L'ÂME DE MADRID ET AFFICHANT LA PLUS FORTE CROISSANCE AU ROYAUME-UNI, ARRIVE AU CANADA • PR Newswire (Canada) • 01/31/2024 11:00:00 AM
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- Coors Light® Teams Up with Country Superstar Lainey Wilson in New Multi-Year Partnership • PR Newswire (US) • 01/18/2024 02:00:00 PM
- Molson Coors Beverage Company to Webcast 2023 Fourth Quarter and Full Year Earnings Conference Call • Business Wire • 01/12/2024 11:55:00 AM
- Molson Coors nomme Jill Timm comme administratrice indépendante pour rejoindre son conseil d'administration • Business Wire • 12/16/2023 04:15:00 AM
- Molson Coors Nominates Jill Timm as an Independent Director to Join Its Board of Directors • Business Wire • 12/15/2023 10:00:00 PM
- Molson Coors Beverage Company Announces Regular Quarterly Dividend • Business Wire • 11/09/2023 11:00:00 PM
- Molson Coors Beverage Company Reports 2023 Third Quarter Results • Business Wire • 11/02/2023 11:00:00 AM
- Molson Coors Beverage Company présente ses résultats pour le troisième trimestre de 2023 • Business Wire • 11/02/2023 11:00:00 AM
- Molson Coors Beverage Company to Webcast 2023 Third Quarter Earnings Conference Call • Business Wire • 10/11/2023 11:00:00 AM
- Wednesday’s Wall Street Highlights: Apple, Intel, Cal-Maine, A10 Networks, and more • IH Market News • 10/04/2023 11:22:09 AM
- MOLSON COORS BEVERAGE COMPANY PRÉSENTE SON PLAN VISANT À ACCÉLÉRER SA CROISSANCE DE MÊME QUE SES PERSPECTIVES FINANCIÈRES À LONG TERME À L’OCCASION DE SA JOURNÉE STRATÉGIQUE 2023 • Business Wire • 10/03/2023 07:33:00 PM
- Molson Coors Beverage Company Introduces Plan to Accelerate Its Growth and Provides Long-Term Financial Outlook at Its 2023 Strategy Day • Business Wire • 10/03/2023 07:32:00 PM
- PEACE HARD TEA™ HITS SHELVES THIS SEPTEMBER • PR Newswire (US) • 09/19/2023 02:00:00 PM
- Molson Coors Beverage Company Announces In-Person and Virtual 2023 Strategy Day • Business Wire • 09/14/2023 11:00:00 AM
- Molson Coors Beverage Company Expands Partnership With ZOA Energy Through Increased Investment • Business Wire • 09/11/2023 11:45:00 AM
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