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Here's The Level To Pour From The $TAP

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Truss CBD USA, a HEXO Corp and Molson Coors joint venture, launches Veryvell sparkling CBD water in Colorado GlobeNewswire Inc. - 1/13/2021 9:02:38 AM
Truss CBD USA, a Molson Coors and HEXO Corp Joint Venture, Launches Veryvell™ Sparkling CBD Water in Colorado Business Wire - 1/13/2021 8:31:00 AM
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
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/4/2021 6:01:12 PM
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
Correction to Warning Signs in the Best Managed Companies Article on Dec. 12 -- Journal Report Dow Jones News - 12/16/2020 5:18:00 PM
Court Denies Molson Coors Motion to Dismiss Future Proof Federal Infringement Claim PR Newswire (US) - 12/16/2020 10:00:00 AM
Molson Coors Beverage Company Donates Nearly 3 Million Meals to Families Across U.S. And Canada Business Wire - 12/15/2020 4:00:00 PM
Warning Signs in the Best-Managed Companies -- Journal Report Dow Jones News - 12/12/2020 10:41:00 AM
Future Proof Makes Headway with Federal Infringement Claim Against Molson Coors PR Newswire (US) - 12/9/2020 10:00:00 AM
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
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Here's The Level To Pour From The $TAP

Last week, leading beer manufacturer, Molson Coors Brewing Co (NYSE:TAP) reported earnings that were worst than expected. The stock tumbled lower by 13.0 percent on May 2nd after the announcement. Traders should note that TAP stock is now trading sharply below its important 50 and 200-day moving averages. This formation puts the stock in a weak technical position and often signals further downside near term. The next major support level for TAP stock will be around the $51.00 area. This level is where the stock broke out in October 2013. Often, when a major break-out level from the past gets tested it will serve as major chart support. This is a trade level where I will be looking to go long on TAP stock.




Nick Santiago
InTheMoneyStocks

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