Monday, May 07, 2018 10:38:45 AM
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
Recent TAP News
- Molson Coors Beverage Company to Webcast 2024 Second Quarter Earnings Conference Call • Business Wire • 07/08/2024 11:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/07/2024 08:15:33 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 06/05/2024 09:00:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 09:21:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/29/2024 09:00:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/29/2024 09:00:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/29/2024 09:00:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/29/2024 09:00:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/29/2024 09:00:08 PM
- Form 8-A12B - Registration of securities [Section 12(b)] • Edgar (US Regulatory) • 05/29/2024 03:50:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 12:25:33 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/24/2024 12:18:15 PM
- Molson Coors Beverage Company Announces Pricing of its Public Offering of Euro-Denominated Senior Notes • Business Wire • 05/22/2024 11:35:00 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 05/22/2024 07:26:57 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/22/2024 10:02:33 AM
- Molson Coors Beverage Company Announces Proposed Public Offering of Euro-Denominated Senior Notes • Business Wire • 05/22/2024 10:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:30:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:30:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:30:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:30:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:30:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:30:34 PM
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